Tag Archives: DEPB premium

Section 80IB benefit not available for DEPB income

By | July 31, 2016

HIGH COURT OF GUJARAT Banpal Oil Chem (P.) Ltd. v. Assistant Commissioner of Income-tax AKIL KURESHI AND A.J. SHASTRI, JJ. TAX APPEAL NO.188 OF 2011 JULY  7, 2016 Tushar P. Hemani, Advocate for the Appellant. Nitin Mehta, Advocate for the Respondent. JUDGMENT Akil Kureshi, J. – The assessee is in the appeal against the judgement… Read More »