https://www.taxtmi.com/caselaws?id=263715 The Tribunal ordered a re-adjudication on the non-consideration of sale of DEPB as export incentives for deduction under section 80HHC, setting aside the CIT(A)'s order. It allowed the assessee's claim regarding the computation of deduction under section 80HHC despite eligibility for deduction under section 80IB. The Tribunal upheld the assessee's position that loss from trading exports should be ignored for deduction under section 80HHC. Additionally, it ruled in favor of the assessee regarding the reduction of indirect costs for profit computation and confirmed the eligibility of various export incentives for deduction under section 80HHC based on previous decisions. en-us Fri, 21 Aug 2015 00:00:00 +0530 Mon, 07 Sep 2015 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263715 The Tribunal ordered a re-adjudication on the non-consideration of sale of DEPB as export incentives for deduction under section 80HHC, setting aside the CIT(A)'s order. It allowed the assessee's claim regarding the computation of deduction under section 80HHC despite eligibility for deduction under section 80IB. The Tribunal upheld the assessee's position that loss from trading exports should be ignored for deduction under section 80HHC. Additionally, it ruled in favor of the assessee regarding the reduction of indirect costs for profit computation and confirmed the eligibility of various export incentives for deduction under section 80HHC based on previous decisions. Case-Laws Income Tax Fri, 21 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263715