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    Income Tax

    Deduction 80IB - claim of interest income & other income -...

    CIT(A) Highlights Unexplained Duty Drawback in Export Turnover; Recommends Verification of Interest and Other Income Claims.

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    Income TaxOctober 31, 2022Case LawsAT

    Deduction 80IB - claim of interest income & other income - CIT(A) had rightly pointed out about the embedded duty drawback value in Export Turn Over which is not separately explained by the assessee in the submission. The claim of interest income & other income should be verified by the ld. AO during hearing - AT

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