https://www.taxtmi.com/caselaws?id=178193 The tribunal dismissed both the assessee's and the Revenue's appeals, upholding the CIT (Appeals) decisions. It ruled that interest income is not eligible for deduction under section 10-A as profits from export of computer software. The tribunal also dismissed the appeal regarding excess remittance, foreign exchange fluctuation, and unclaimed expenses, as the CIT (Appeals) had already decided these issues. Additionally, it upheld the deletion of disallowances related to dividend income expenses and common expenses, citing lack of clear identification. Notice pay was deemed income derived from the industrial undertaking, eligible for exemption under section 10-A. en-us Fri, 21 Sep 2007 00:00:00 +0530 Fri, 02 Feb 2024 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178193 The tribunal dismissed both the assessee's and the Revenue's appeals, upholding the CIT (Appeals) decisions. It ruled that interest income is not eligible for deduction under section 10-A as profits from export of computer software. The tribunal also dismissed the appeal regarding excess remittance, foreign exchange fluctuation, and unclaimed expenses, as the CIT (Appeals) had already decided these issues. Additionally, it upheld the deletion of disallowances related to dividend income expenses and common expenses, citing lack of clear identification. Notice pay was deemed income derived from the industrial undertaking, eligible for exemption under section 10-A. Case-Laws Income Tax Fri, 21 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178193