https://www.taxtmi.com/caselaws?id=218521 For section 10A, incidental business receipts linked to the export activity, including miscellaneous income, credit balance written back, notice period salary recovered from employees, foreign exchange fluctuation gain, and inter-unit transfers to a US branch approved under STPI, were treated as eligible profits or qualifying export turnover. Interest earned on temporary parking of funds was treated as income from other sources and excluded from the deduction because it was not derived from export operations. Remittances to the US branch did not attract tax deduction under section 195, so no disallowance arose under section 40(a)(ia), as the branch was not treated as a non-resident payee and only sums chargeable in India require TDS. en-us Wed, 07 Mar 2012 00:00:00 +0530 Wed, 06 Apr 2016 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218521 For section 10A, incidental business receipts linked to the export activity, including miscellaneous income, credit balance written back, notice period salary recovered from employees, foreign exchange fluctuation gain, and inter-unit transfers to a US branch approved under STPI, were treated as eligible profits or qualifying export turnover. Interest earned on temporary parking of funds was treated as income from other sources and excluded from the deduction because it was not derived from export operations. Remittances to the US branch did not attract tax deduction under section 195, so no disallowance arose under section 40(a)(ia), as the branch was not treated as a non-resident payee and only sums chargeable in India require TDS. Case-Laws Income Tax Wed, 07 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218521