https://www.taxtmi.com/caselaws?id=195541 The tribunal allowed the appellant's claims for deduction under section 10B for Central Sales-tax (CST) refund, interest earned on term deposits, and interest earned on deposits with Gujarat Electricity Board. The tribunal held that these incomes were part of the business income of the Export Oriented Undertaking (EOU) and thus eligible for deduction under section 10B. The decision in Maral Overseas Ltd. was cited to support the claim regarding CST refund. The tribunal consolidated two appeals with common issues and allowed the appeals for both assessment years, emphasizing the eligibility of the incomes for deduction under section 10B. en-us Wed, 09 Nov 2016 00:00:00 +0530 Fri, 03 Nov 2017 10:10:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195541 The tribunal allowed the appellant's claims for deduction under section 10B for Central Sales-tax (CST) refund, interest earned on term deposits, and interest earned on deposits with Gujarat Electricity Board. The tribunal held that these incomes were part of the business income of the Export Oriented Undertaking (EOU) and thus eligible for deduction under section 10B. The decision in Maral Overseas Ltd. was cited to support the claim regarding CST refund. The tribunal consolidated two appeals with common issues and allowed the appeals for both assessment years, emphasizing the eligibility of the incomes for deduction under section 10B. Case-Laws Income Tax Wed, 09 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195541