https://www.taxtmi.com/article/detailed?id=10574 For claiming exclusion from an export-oriented deduction under Section 10B(8) an assessee must both furnish a written declaration to the assessing officer and do so before the due date for filing the original return; both requirements are mandatory. A revised return under the return-correction provision cannot be used to withdraw an earlier position and thereby enable carry-forward of losses when the statutory declaration was not timely furnished. en-us Wed, 03 Aug 2022 14:27:03 +0530 Wed, 03 Aug 2022 14:27:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10574 For claiming exclusion from an export-oriented deduction under Section 10B(8) an assessee must both furnish a written declaration to the assessing officer and do so before the due date for filing the original return; both requirements are mandatory. A revised return under the return-correction provision cannot be used to withdraw an earlier position and thereby enable carry-forward of losses when the statutory declaration was not timely furnished. Articles Income Tax Wed, 03 Aug 2022 14:27:03 +0530 https://www.taxtmi.com/article/detailed?id=10574