https://www.taxtmi.com/caselaws?id=66130 The Tribunal allowed the appeal, determining that the interest income of Rs.9,674 was eligible for exemption under section 10B of the Income-tax Act. The Tribunal held that the interest income was integrally connected to the business operations of the export-oriented unit and should be considered derived from the business, citing relevant judicial decisions. The Tribunal overturned the decisions of the Revenue authorities and directed the Assessing Officer to grant the exemption on the interest income. en-us Tue, 09 Oct 2001 00:00:00 +0530 Mon, 21 Feb 2011 17:06:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66130 The Tribunal allowed the appeal, determining that the interest income of Rs.9,674 was eligible for exemption under section 10B of the Income-tax Act. The Tribunal held that the interest income was integrally connected to the business operations of the export-oriented unit and should be considered derived from the business, citing relevant judicial decisions. The Tribunal overturned the decisions of the Revenue authorities and directed the Assessing Officer to grant the exemption on the interest income. Case-Laws Income Tax Tue, 09 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66130