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![No Exclusion of DEPB from Gross Profit while Calculating Business Income: ITAT strikes down ₹2.55 Cr Addition [Read Order]](https://images.taxscan.in/h-upload/2026/01/03/500x300_2116884-depb-not-excluded-from-gross-profit-tasxscan.webp "No Exclusion of DEPB from Gross Profit while Calculating Business Income: ITAT strikes down ₹2.55 Cr Addition [Read Order]")
No Exclusion of DEPB from Gross Profit while Calculating Business Income: ITAT strikes down ₹2.55 Cr Addition [Read Order]
The Income Tax Appellate Tribunal, Mumbai Bench held that Duty Entitlement PassBook (DEPB) benefits cannot be excluded from gross profit while...
![Exporters Benefit Under Notification Can Be Claimed Later Even If Not Initially Availed: CESTAT on Reimported Goods [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/cestat-banglore-Exporters-Benefits-Reimported-Goods-taxscan.jpg "Exporters Benefit Under Notification Can Be Claimed Later Even If Not Initially Availed: CESTAT on Reimported Goods [Read Order]")
![Refund claim cannot be Rejected on Customs Duty which was Paid through DEPB Scrip: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Refund-claim-Customs-Duty-DEPB-Scrip-CESTAT-taxscan.jpg "Refund claim cannot be Rejected on Customs Duty which was Paid through DEPB Scrip: CESTAT [Read Order]")
