https://www.taxtmi.com/caselaws?id=239562 The court held that the interest received from customers on delayed payments is considered income derived from the industrial undertaking and is eligible for deductions under Sections 80HH and 80I of the Income Tax Act. The appeal by the appellant department was dismissed, affirming the decision of the ITAT. en-us Thu, 14 Nov 2013 00:00:00 +0530 Sat, 16 Nov 2013 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239562 The court held that the interest received from customers on delayed payments is considered income derived from the industrial undertaking and is eligible for deductions under Sections 80HH and 80I of the Income Tax Act. The appeal by the appellant department was dismissed, affirming the decision of the ITAT. Case-Laws Income Tax Thu, 14 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239562