https://www.taxtmi.com/caselaws?id=398495 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and affirming the assessee's entitlement to a deduction under Section 10AA amounting to Rs. 42,41,29,196. The Tribunal clarified that trading activities, income from currency fluctuation, and interest income related to the SEZ Unit are eligible for deduction under Section 10AA. The correct calculation method for the deduction was also emphasized, leading to the dismissal of the Revenue's appeal. en-us Wed, 09 Sep 2020 00:00:00 +0530 Thu, 17 Sep 2020 16:51:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398495 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal and affirming the assessee's entitlement to a deduction under Section 10AA amounting to Rs. 42,41,29,196. The Tribunal clarified that trading activities, income from currency fluctuation, and interest income related to the SEZ Unit are eligible for deduction under Section 10AA. The correct calculation method for the deduction was also emphasized, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Wed, 09 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398495