https://www.taxtmi.com/caselaws?id=249179 The court held that job charges are an integral part of the business activity and should be included in the total turnover. It determined that job work charges are operational income and distinct from other types of charges like brokerage or commission. The court also decided that interest on fixed deposits with MMTC should be treated as business income and allowed as a deduction under Section 80 HHC. The appeals by the department were dismissed, affirming the Tribunal's decisions in favor of the assessee. en-us Fri, 04 Jul 2014 00:00:00 +0530 Thu, 19 Feb 2015 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249179 The court held that job charges are an integral part of the business activity and should be included in the total turnover. It determined that job work charges are operational income and distinct from other types of charges like brokerage or commission. The court also decided that interest on fixed deposits with MMTC should be treated as business income and allowed as a deduction under Section 80 HHC. The appeals by the department were dismissed, affirming the Tribunal's decisions in favor of the assessee. Case-Laws Income Tax Fri, 04 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249179