https://www.taxtmi.com/caselaws?id=397333 The Court upheld the Tribunal's decision, dismissing the revenue's appeals. The management fee received by the assessee was deemed related to its export business, qualifying for deduction under Section 10B. The Court emphasized the nexus between the fee and the business income of the Export Oriented Unit (EOU), citing precedents supporting inclusion of entire business income for deduction purposes. The requirement of foreign currency for the fee was clarified, affirming compliance with Section 10B(9A)(ii). The appeals were dismissed with no costs. en-us Thu, 23 Jul 2020 00:00:00 +0530 Fri, 14 Aug 2020 11:15:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397333 The Court upheld the Tribunal's decision, dismissing the revenue's appeals. The management fee received by the assessee was deemed related to its export business, qualifying for deduction under Section 10B. The Court emphasized the nexus between the fee and the business income of the Export Oriented Unit (EOU), citing precedents supporting inclusion of entire business income for deduction purposes. The requirement of foreign currency for the fee was clarified, affirming compliance with Section 10B(9A)(ii). The appeals were dismissed with no costs. Case-Laws Income Tax Thu, 23 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397333