https://www.taxtmi.com/caselaws?id=369139 The Tribunal upheld the CIT(A)'s decisions on all three issues. The interest income from Gujarat Electricity Board was classified as business income, freight and insurance were excluded from both export and total turnover, and the deduction under Section 10B was calculated without reducing interest on capital and remuneration to partners. The Revenue's appeals were dismissed. en-us Mon, 08 Oct 2018 00:00:00 +0530 Fri, 19 Oct 2018 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369139 The Tribunal upheld the CIT(A)'s decisions on all three issues. The interest income from Gujarat Electricity Board was classified as business income, freight and insurance were excluded from both export and total turnover, and the deduction under Section 10B was calculated without reducing interest on capital and remuneration to partners. The Revenue's appeals were dismissed. Case-Laws Income Tax Mon, 08 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369139