https://www.taxtmi.com/highlights?id=24192 Penalty u/s. 271(1)(c) - interest income does not form part of the assessee’s business, the same could not in any case be said to be derived there-from, a condition precedent for the income of the assessee’s export business from being eligible for deduction u/s. 10B. Penalty u/s. 271(1)(c) confirmed - AT en-us Wed, 12 Aug 2015 09:25:21 +0530 Wed, 12 Aug 2015 09:25:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=24192 Penalty u/s. 271(1)(c) - interest income does not form part of the assessee’s business, the same could not in any case be said to be derived there-from, a condition precedent for the income of the assessee’s export business from being eligible for deduction u/s. 10B. Penalty u/s. 271(1)(c) confirmed - AT Highlights Income Tax Wed, 12 Aug 2015 09:25:21 +0530 https://www.taxtmi.com/highlights?id=24192