https://www.taxtmi.com/caselaws?id=293693 The Tribunal allowed the assessee's appeal, directing the AO to include interest income from fixed deposits and security deposits for electricity connection in the profits eligible for deduction under Section 10A of the Income Tax Act. This decision overturned the CIT(A)'s exclusion, aligning with a precedent that recognized the direct connection of interest income with the business. en-us Tue, 19 Mar 2019 00:00:00 +0530 Wed, 13 Nov 2024 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293693 The Tribunal allowed the assessee's appeal, directing the AO to include interest income from fixed deposits and security deposits for electricity connection in the profits eligible for deduction under Section 10A of the Income Tax Act. This decision overturned the CIT(A)'s exclusion, aligning with a precedent that recognized the direct connection of interest income with the business. Case-Laws Income Tax Tue, 19 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293693