https://www.taxtmi.com/caselaws?id=389426 The Tribunal dismissed the appeal for A.Y. 2008-09 and partly allowed the appeal for A.Y. 2010-11 for statistical purposes. It emphasized the ineligibility of sales to other SEZ units for deduction under section 10AA and the exclusion of unrelated interest income from export turnover. The challenge against the levy of interest under sections 234B, 234C, and 234D was also dismissed by the Tribunal, stating it as mandatory. The issue of penalty proceedings under section 271(1)(c) was not adjudicated due to being at a pre-mature stage. en-us Fri, 22 Nov 2019 00:00:00 +0530 Sat, 07 Dec 2019 13:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389426 The Tribunal dismissed the appeal for A.Y. 2008-09 and partly allowed the appeal for A.Y. 2010-11 for statistical purposes. It emphasized the ineligibility of sales to other SEZ units for deduction under section 10AA and the exclusion of unrelated interest income from export turnover. The challenge against the levy of interest under sections 234B, 234C, and 234D was also dismissed by the Tribunal, stating it as mandatory. The issue of penalty proceedings under section 271(1)(c) was not adjudicated due to being at a pre-mature stage. Case-Laws Income Tax Fri, 22 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389426