DEPB - Mercantile or Actual

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..... Whether amount of Duty Drawback recd. during the Financial Year will be included in the Gross Turnover for the purposes Tax Audit under the Income Tax Act? And Whether the DEPB is also to be recorded .....

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..... on mercantile basis or should be recorded only when recd. in actual? - Reply By Rama Krishana - The Reply = DEPB is a business income and falling under section 28. Therefore, it is the part of gross .....

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..... turnvover for the purpose of tax audit u/s 44AB. - DEPB - Mercantile or Actual - Query Started By: - VIRENDER PANDEY Dated:- 15-9-2009 Central Excise - Got 1 Reply - Central Excise - Discussion Fo .....

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..... rum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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