Section 80IB Deduction: DEPB excluded from export incentive will also be excluded from total turnover

Polybond India Pvt. Ltd. Vs JCIT (ITAT Pune)

It is seen that the assessee claimed deduction u/s 10B of the Act. In the computation of deduction, the assessee inter alia, excluded DEPB entitlement of Rs.48.28 lakhs from the `export turnover‟ which amount was also excluded from the amount of `total

Please become a Premium member. If you are already a Premium member, login here to access the full content.