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2010 (8) TMI 420 - HC - Income TaxChargeable profit - Sale consideration of DEPB - While confirming the view taken by Bombay High Court in CIT v. Kalpataru Colours & Chemicals (2010 - TMI - 76895 - BOMBAY HIGH COURT) that the income from DBK, DEPB and DFRC has to be treated as business income and has to be taken into account for deduction under Section 80HHC, matter remanded back for fresh decision.
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