Export Entitlements and Duty Drawback Count as Business Income: Deductions Allowed u/s 80IB(11A) of Income Tax Act.

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....Deduction u/s 80IB(11A) - the export entitlements (MEIS) and the duty drawback of promotion scheme is an income asssessable under the head “profits or gains from business or profession” as per clause (iiib) and (iiid) to section 28 of the IT Act, 1961 - Deduction allowed - AT....