https://www.taxtmi.com/caselaws?id=425799 The High Court set aside the Income Tax Appellate Tribunal's order and remanded the matter to the assessing officer for computation of the deduction under section 80HHC in accordance with the Supreme Court's decision in the Topman Exports case. The assessing officer was directed to complete this within three months. The judgment clarified the exclusion of profits from the sale of DEPB in certain circumstances, providing guidance on the computation method and ensuring compliance with legal provisions. en-us Mon, 27 Jun 2022 00:00:00 +0530 Mon, 01 Aug 2022 09:34:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425799 The High Court set aside the Income Tax Appellate Tribunal's order and remanded the matter to the assessing officer for computation of the deduction under section 80HHC in accordance with the Supreme Court's decision in the Topman Exports case. The assessing officer was directed to complete this within three months. The judgment clarified the exclusion of profits from the sale of DEPB in certain circumstances, providing guidance on the computation method and ensuring compliance with legal provisions. Case-Laws Income Tax Mon, 27 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425799