https://www.taxtmi.com/caselaws?id=76782 HC held that receipts from foreign exchange fluctuation and interest on balances in an EEFC account are not part of business income for computing deduction under section 80HHC. The court found export transactions complete on repatriation of proceeds and the EEFC facility optional; interest and post-transaction forex gains arose from deposits after completion and therefore constitute income from other sources. Tribunal's view classifying them as business income was set aside. Decision for the revenue; against the assessee. en-us Thu, 22 Apr 2010 00:00:00 +0530 Tue, 18 Nov 2025 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76782 HC held that receipts from foreign exchange fluctuation and interest on balances in an EEFC account are not part of business income for computing deduction under section 80HHC. The court found export transactions complete on repatriation of proceeds and the EEFC facility optional; interest and post-transaction forex gains arose from deposits after completion and therefore constitute income from other sources. Tribunal's view classifying them as business income was set aside. Decision for the revenue; against the assessee. Case-Laws Income Tax Thu, 22 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76782