High Court Corrects Tribunal: Entire DEPB Credit Transfer Amount Must Be Included in Profit u/s 80HHC.

High Court Corrects Tribunal: Entire DEPB Credit Transfer Amount Must Be Included in Profit u/s 80HHC. https://www.taxtmi.com/highlights?id=7094 Deduction u/s 80HHC - DEPB Credit - Tribunal committed an error in coming to the conclusion that on transfer of DEPB credit by an assessee only the amount in excess of the face value thereof would form part of profit as envisaged in clause (iiid) of section 28 - HC en-us Tue, 12 Mar 2013 05:21:16 +0530 Tue, 12 Mar 2013 05:21:16 +0530 TaxTMI RSS Generator High Court Corrects Tribunal: Entire DEPB Credit Transfer Amount Must Be Included in Profit u/s 80HHC. https://www.taxtmi.com/highlights?id=7094 Deduction u/s 80HHC - DEPB Credit - Tribunal committed an error in coming to the conclusion that on transfer of DEPB credit by an assessee only the amount in excess of the face value thereof would form part of profit as envisaged in clause (iiid) of section 28 - HC Highlights Income Tax Tue, 12 Mar 2013 05:21:16 +0530 https://www.taxtmi.com/highlights?id=7094