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    <title>2012 (1) TMI 366 - DELHI HIGH COURT</title>
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    <description>The High Court of Delhi directed the tribunal to reconsider the exclusion of profit from the sale of DEPB Licenses for computing the deduction under Section 80HHC of the Income Tax Act due to retrospective amendments introduced by the Taxation Laws (Amendment) Act, 2005. The tribunal was instructed to reexamine the issue in light of the amendments, setting aside the previous order without costs and scheduling a new hearing before the Assistant Registrar, Income Tax Appellate Tribunal.</description>
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