https://www.taxtmi.com/caselaws?id=182441 The Tribunal partly allowed the appeal, permitting deductions for expenses on Foreign Currency Convertible Bonds (FCCBs) but upholding the denial of deductions under section 80-IB on duty drawback / DEPB. The treatment of subsidy from the Textile Upgradation Fund was referred back to the Assessing Officer for reassessment. Other grounds raised by the appellant were dismissed as they were not pursued during the proceedings. en-us Fri, 16 Aug 2013 00:00:00 +0530 Wed, 14 Dec 2016 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182441 The Tribunal partly allowed the appeal, permitting deductions for expenses on Foreign Currency Convertible Bonds (FCCBs) but upholding the denial of deductions under section 80-IB on duty drawback / DEPB. The treatment of subsidy from the Textile Upgradation Fund was referred back to the Assessing Officer for reassessment. Other grounds raised by the appellant were dismissed as they were not pursued during the proceedings. Case-Laws Income Tax Fri, 16 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182441