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2014 (1) TMI 1596 - ALLAHABAD HIGH COURTValidity of Tribunal's order - Held that:- In view of the law laid down in Liberty India Vs. CIT [2009 (8) TMI 63 - SUPREME COURT] - The Tribunal has passed the order in total defiance of law - DEPB/Duty drawback are incentives which flow from the Schemes framed by Central Government or from Section 75 of the Customs Act, 1962, hence, incentives profits are not profits derived from the eligible business under Section 80IB - They belong to the category of ancillary profits of such undertakings - Decided in favour of Revenue.
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