The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that duty drawback and license sale income should be included in the gross receipts for the purpose of presumptive taxation under Section 44AD of Income Tax Act,1961. Pradeep Modi,appellant-assessee,was engaged in the export business of leather goods and filed his income tax return…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
