Profit from DEPB transfer: Face value in Section 28(iiib), sale difference in Section 28(iiid) of Income Tax Act.

Profit from DEPB transfer: Face value in Section 28(iiib), sale difference in Section 28(iiid) of Income Tax Act. https://www.taxtmi.com/highlights?id=2911 DEPB - any amount realized by the assessees over and above the DEPB on transfer of the DEPB would represent profit on the transfer of DEPB and while the face value of the DEPB will fall under clause (iiib) of Section 28, difference between the sale value and the face value of the DEPB will fall under clause (iiid) of Section 28.... - SC en-us Tue, 14 Feb 2012 11:14:36 +0530 Tue, 14 Feb 2012 11:14:36 +0530 TaxTMI RSS Generator Profit from DEPB transfer: Face value in Section 28(iiib), sale difference in Section 28(iiid) of Income Tax Act. https://www.taxtmi.com/highlights?id=2911 DEPB - any amount realized by the assessees over and above the DEPB on transfer of the DEPB would represent profit on the transfer of DEPB and while the face value of the DEPB will fall under clause (iiib) of Section 28, difference between the sale value and the face value of the DEPB will fall under clause (iiid) of Section 28.... - SC Highlights Income Tax Tue, 14 Feb 2012 11:14:36 +0530 https://www.taxtmi.com/highlights?id=2911