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2000 (8) TMI 71 - HC - Income Tax
Extract:
.......all under business income . Section 80HHC(3)(a) deals with a 100 per cent. exporter whereas section 80HHC(3)(b) deals with composite business. In the latter case, local sales are included. Hence, the entire profits are entitled to deduction. This would include interest income also. In the circumstances, the above appeals stand dismissed with costs.