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![Export Incentives such as Duty Draw Back and MEIS, Assessable as ‘Profits or Gains from Business or Profession’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Export-Export-Incentives-Duty-Draw-Back-MEIS-Profits-or-Gains-Profits-Gains-Business-or-Profession-Business-Profession-ITAT-Income-tax-Taxscan.jpg "Export Incentives such as Duty Draw Back and MEIS, Assessable as ‘Profits or Gains from Business or Profession’: ITAT [Read Order]")
Export Incentives such as Duty Draw Back and MEIS, Assessable as ‘Profits or Gains from Business or Profession’: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Vishakhapatnam Bench, has recently, in an appeal filed before it, held that export incentives such as duty...
![Business Profits of Current Year accrue only at the Year End: ITAT deletes Addition u/s 2(22)(e) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Business-Profits-ITAT-Addition-TAXSCAN.jpg "Business Profits of Current Year accrue only at the Year End: ITAT deletes Addition u/s 2(22)(e) [Read Order]")
![Profits from Transport of Air Passengers to be taxed in Contracting State as per Indo Bhutan DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Profits-Transport-Air-Passengers-Profits-from-Transport-of-Air-Passengers-taxed-DTAA-Indo-Bhutan-DTAA-ITAT-taxscan.jpg "Profits from Transport of Air Passengers to be taxed in Contracting State as per Indo Bhutan DTAA: ITAT [Read Order]")
![Cess paid can be deducted while computing Income chargeable under the head Profits and Gains of Business or Profession: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Cess-computing-income-profits-gains-of-business-ITAT-Taxscan-1.jpg "Cess paid can be deducted while computing Income chargeable under the head Profits and Gains of Business or Profession: ITAT [Read Order]")
![Interest on Bank Deposits is also eligible to be included in profits of 100% EOU for claiming Deduction: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Interest-bank-deposits-EOU-profits-claiming-deduction-Taxscan.jpg "Interest on Bank Deposits is also eligible to be included in profits of 100% EOU for claiming Deduction: Madras HC [Read Judgment]")