https://www.taxtmi.com/caselaws?id=69445 The Tribunal held that 90% of gross receipts such as interest, commission, brokerage, rent, charges, etc., should be excluded from business profits for computing the deduction under s. 80HHC. The appeals by the Revenue were allowed, confirming this exclusion. Other appeals were remanded to the AO to determine if interest income was business income or from other sources for appropriate exclusions. en-us Fri, 14 Jul 2006 00:00:00 +0530 Wed, 06 Apr 2011 18:25:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69445 The Tribunal held that 90% of gross receipts such as interest, commission, brokerage, rent, charges, etc., should be excluded from business profits for computing the deduction under s. 80HHC. The appeals by the Revenue were allowed, confirming this exclusion. Other appeals were remanded to the AO to determine if interest income was business income or from other sources for appropriate exclusions. Case-Laws Income Tax Fri, 14 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69445