https://www.taxtmi.com/caselaws?id=174709 The ITAT dismissed the revenue's appeal, upholding the Ld CIT(A)'s decision to allow the deduction u/s 10B for duty draw back as part of export profits, in line with the Special Bench decision. The ITAT emphasized that such income should not be excluded from eligible profits for computing the deduction u/s 10B, distinguishing it from other provisions. The decision was based on established legal principles and precedents, aligning with the Tribunal's previous rulings. en-us Thu, 24 Oct 2013 00:00:00 +0530 Thu, 03 Nov 2016 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174709 The ITAT dismissed the revenue's appeal, upholding the Ld CIT(A)'s decision to allow the deduction u/s 10B for duty draw back as part of export profits, in line with the Special Bench decision. The ITAT emphasized that such income should not be excluded from eligible profits for computing the deduction u/s 10B, distinguishing it from other provisions. The decision was based on established legal principles and precedents, aligning with the Tribunal's previous rulings. Case-Laws Income Tax Thu, 24 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174709