https://www.taxtmi.com/caselaws?id=350756 The Tribunal partly allowed the appeal by recognizing the forfeited security deposit as qualifying for deduction under Section 80-IAB, considering it equivalent to lease rental income. However, it upheld the disallowance of deductions for interest on various deposits and other business receipts, determining they were not directly derived from the SEZ development business. en-us Tue, 07 Nov 2017 00:00:00 +0530 Sat, 11 Nov 2017 10:55:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350756 The Tribunal partly allowed the appeal by recognizing the forfeited security deposit as qualifying for deduction under Section 80-IAB, considering it equivalent to lease rental income. However, it upheld the disallowance of deductions for interest on various deposits and other business receipts, determining they were not directly derived from the SEZ development business. Case-Laws Income Tax Tue, 07 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350756