https://www.taxtmi.com/caselaws?id=330310 The Tribunal upheld the decision of the CIT(A) that the income of Rs. 16,05,675/- from maintenance charges does not qualify for deduction under section 10B as it was not derived from the manufacturing activity of the industrial undertaking. The Tribunal affirmed that the income was rightly classified as "Income from other sources" and not as part of the business income of the undertaking, dismissing the appeal of the assessee. en-us Mon, 18 Jul 2016 00:00:00 +0530 Fri, 22 Jul 2016 14:07:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330310 The Tribunal upheld the decision of the CIT(A) that the income of Rs. 16,05,675/- from maintenance charges does not qualify for deduction under section 10B as it was not derived from the manufacturing activity of the industrial undertaking. The Tribunal affirmed that the income was rightly classified as "Income from other sources" and not as part of the business income of the undertaking, dismissing the appeal of the assessee. Case-Laws Income Tax Mon, 18 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330310