Assessing Section 80IB Deductions: Nexus Between Duty Drawback Receipts and Industrial Undertaking is Crucial for Valid Claims.

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....Deduction u/s 80IB - Duty drawback refund - Nexus with profit - Everything hinges on the findings about the degree of nexus between duty drawback receipts and the industrial undertaking, and it is only when there is a clear finding on this aspect that the correctness of assessee's claim can be tested on the principles of law - AT....