https://www.taxtmi.com/caselaws?id=468939 Interest earned by a SEZ export unit on short-term fixed deposits of temporarily parked surplus business funds was treated as incidental to the export business, so it retained its business character for section 10AA. The Tribunal applied a liberal, purposive construction of the incentive provision and relied on Full Bench authority to hold that such incidental interest is not excluded merely because it does not arise directly from export invoices. The interest was therefore eligible for deduction under section 10AA and was not assessable separately as income from other sources. en-us Wed, 31 May 2023 00:00:00 +0530 Tue, 26 May 2026 11:26:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468939 Interest earned by a SEZ export unit on short-term fixed deposits of temporarily parked surplus business funds was treated as incidental to the export business, so it retained its business character for section 10AA. The Tribunal applied a liberal, purposive construction of the incentive provision and relied on Full Bench authority to hold that such incidental interest is not excluded merely because it does not arise directly from export invoices. The interest was therefore eligible for deduction under section 10AA and was not assessable separately as income from other sources. Case-Laws Income Tax Wed, 31 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468939