corporate and professional update september 23rd 2017
CORPORATE AND PROFESSIONAL UPDATE SEPTEMBER 23rd 2017 DIRECTÂ TAX Delhi ITAT allows deduction u/s 10B to assessee [(operating an Export Oriented Unit (EOU)] for AY 2010-11 and AY 2011-12 in respect of duty drawback receipts forming part of EOU’s profits, ITATÂ holds that manner of computing profits u/s 10B(4) does not require direct nexus with business …