https://www.taxtmi.com/highlights?id=39909 Excise duty refund claim - capital gain or busniss income - Where there is a refund of excise duty it would go to reduce the project cost/capital work in progress since it is relatable only to the capital assets - duty drawback reduce the project cost and therefore cannot be treated as business income en-us Fri, 15 Jun 2018 10:12:25 +0530 Fri, 15 Jun 2018 10:12:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=39909 Excise duty refund claim - capital gain or busniss income - Where there is a refund of excise duty it would go to reduce the project cost/capital work in progress since it is relatable only to the capital assets - duty drawback reduce the project cost and therefore cannot be treated as business income Highlights Income Tax Fri, 15 Jun 2018 10:12:25 +0530 https://www.taxtmi.com/highlights?id=39909