Assessee Ineligible for Section 80IA Deduction: Interest and Surcharges Not Directly Tied to Main Business Activity.

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....Deduction u/s.80IA - Interest and other income - the assessee is not entitled for deduction towards eligible profit u/s.80IA of the Act in respect of other income because said income does not have first degree nexus with the main business activity of the assessee. - Further surcharge received from Electricity Board does not form part of income from operations, which is eligible for deduction u/s.80IA. - AT....