https://www.taxtmi.com/caselaws?id=275565 The Tribunal allowed the appellant's appeal, determining that the interest income should be treated as business income for deduction under section 10A of the Act. The decision was based on the direct nexus of the interest income with the appellant's business activities and consistent rulings in similar cases. The Tribunal directed the Assessing Officer to verify the exact amount of interest income and grant the exemption accordingly. en-us Fri, 24 Jun 2016 00:00:00 +0530 Wed, 27 Jul 2022 15:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275565 The Tribunal allowed the appellant's appeal, determining that the interest income should be treated as business income for deduction under section 10A of the Act. The decision was based on the direct nexus of the interest income with the appellant's business activities and consistent rulings in similar cases. The Tribunal directed the Assessing Officer to verify the exact amount of interest income and grant the exemption accordingly. Case-Laws Income Tax Fri, 24 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275565