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Income Tax - Highlights / Catch Notes

Home Highlights February 2012 Year 2012 This

DEPB - any amount realized by the assessees over and above the ...

Income Tax

February 14, 2012

DEPB - any amount realized by the assessees over and above the DEPB on transfer of the DEPB would represent profit on the transfer of DEPB and while the face value of the DEPB will fall under clause (iiib) of Section 28, difference between the sale value and the face value of the DEPB will fall under clause (iiid) of Section 28.... - SC

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