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    <title>2019 (11) TMI 144 - ITAT DELHI</title>
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    <description>The Tribunal allowed the appeal of the assessee in ITA No. 6506/DEL/2016, determining that the interest on short-term export surplus deposits qualifies as &#039;Business income&#039; for Section 10A deductions. Additionally, the legal and professional fees and foreign taxes were deemed allowable under Section 37(1) of the Income Tax Act. The order was pronounced on 04.10.2019.</description>
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      <link>https://www.taxtmi.com/caselaws?id=387895</link>
      <description>The Tribunal allowed the appeal of the assessee in ITA No. 6506/DEL/2016, determining that the interest on short-term export surplus deposits qualifies as &#039;Business income&#039; for Section 10A deductions. Additionally, the legal and professional fees and foreign taxes were deemed allowable under Section 37(1) of the Income Tax Act. The order was pronounced on 04.10.2019.</description>
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