2011 (11) TMI 757

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... vance license and the DEPB benefits receivable by the assessee are liable to be assessed to tax in the year in which the license is granted to the licensee or liable to be taxed in the year in which the benefits actually accrue after the imports are effected, is the question raised in this appeal. 2. The Income Tax Appellate Tribunal following its decision in the case of Jamshri Ranjitsinghji .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X