https://www.taxtmi.com/caselaws?id=285317 The ITAT ruled in favor of the assessee, allowing various receipts like brokerage, sale of samples, and processing charges to be considered as part of business income eligible for deduction under Section 10B. The interest income from delayed payments was also deemed eligible for deduction. However, the issue of simultaneous deductions under Sections 10B and 80IB was remanded for further examination, as was the nature of foreign exchange fluctuation gains. Some issues were dismissed as not pressed during the hearing. en-us Tue, 10 Feb 2015 00:00:00 +0530 Wed, 08 Jan 2020 07:09:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285317 The ITAT ruled in favor of the assessee, allowing various receipts like brokerage, sale of samples, and processing charges to be considered as part of business income eligible for deduction under Section 10B. The interest income from delayed payments was also deemed eligible for deduction. However, the issue of simultaneous deductions under Sections 10B and 80IB was remanded for further examination, as was the nature of foreign exchange fluctuation gains. Some issues were dismissed as not pressed during the hearing. Case-Laws Income Tax Tue, 10 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285317