MAN Energy Solutions India P. Ltd. v. Asst. CIT [2023] 149 taxmann.com 347 / (2025) 129 ITR 562 (Pune)(Trib.)

S. 28 (1): Business income-Duty drawback-Taxable in year of actual receipt-Matter remanded to avoid double taxation.

The assessee contended that the duty drawback had been offered to tax in the year of actual receipt and that the addition in the year under consideration would result in double taxation. The Tribunal restored the issue to the Assessing Officer to verify the assessee’s claim and ensure that the same amount was not subjected to tax twice. (AY. 2018-19).

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