https://www.taxtmi.com/caselaws?id=119187 The Tribunal dismissed both appeals by the assessee, ruling that interest income from bank deposits, reversal of excess provisions, sales tax refund, and resale value of the Special Import License do not qualify for deduction under section 10B. The Tribunal emphasized the lack of direct nexus between these incomes and the export business. en-us Mon, 21 Jun 2004 00:00:00 +0530 Sat, 06 Jul 2024 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119187 The Tribunal dismissed both appeals by the assessee, ruling that interest income from bank deposits, reversal of excess provisions, sales tax refund, and resale value of the Special Import License do not qualify for deduction under section 10B. The Tribunal emphasized the lack of direct nexus between these incomes and the export business. Case-Laws Income Tax Mon, 21 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119187