https://www.taxtmi.com/caselaws?id=354410 The Tribunal remanded the issue to the Assessing Officer for further investigation regarding the eligibility of interest income for deduction under section 10A of the Income Tax Act. The Tribunal instructed the AO to provide detailed findings on the nature of interest income, emphasizing the necessity of establishing a nexus between the interest income and the business activity. The appeal related to other income was allowed, but the decision on interest income was remanded for detailed examination. en-us Wed, 24 Jan 2018 00:00:00 +0530 Fri, 26 Jan 2018 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354410 The Tribunal remanded the issue to the Assessing Officer for further investigation regarding the eligibility of interest income for deduction under section 10A of the Income Tax Act. The Tribunal instructed the AO to provide detailed findings on the nature of interest income, emphasizing the necessity of establishing a nexus between the interest income and the business activity. The appeal related to other income was allowed, but the decision on interest income was remanded for detailed examination. Case-Laws Income Tax Wed, 24 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354410