https://www.taxtmi.com/caselaws?id=241177 The High Court held that only the profit, not the entire sales proceeds from Duty Entitlement Pass Book (DEPB), should be considered for relief under Section 80HHC of the Income Tax Act. The Court quashed the Income Tax Appellate Tribunal's decision, allowing the appeal in favor of the assessee. en-us Tue, 03 Dec 2013 00:00:00 +0530 Wed, 18 Dec 2013 08:48:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241177 The High Court held that only the profit, not the entire sales proceeds from Duty Entitlement Pass Book (DEPB), should be considered for relief under Section 80HHC of the Income Tax Act. The Court quashed the Income Tax Appellate Tribunal's decision, allowing the appeal in favor of the assessee. Case-Laws Income Tax Tue, 03 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241177