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2014 (1) TMI 1882 - HC - Income TaxDeduction u/s 10A - Interest earned on margin money and bank guarantee deposits - whether can be treated as profits and against as are derived by the assessee from the export of computer software within the meaning of Section 10A? - HELD THAT:- As decided in M/S. Motorola India Electronics Private Limited [2013 (12) TMI 1702 - KARNATAKA HIGH COURT] profits of the business of the undertaking includes the profits and gains from export of the articles as well as all other incidental incomes derived from the business of the undertaking - what is exempted is not merely the profits and gains from the export of articles but also the income from the business of the undertaking - thus, the Tribunal was justified in extending the benefit to the amounts also – there was no merit in these appeals – Decided against Revenue.
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