Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2020 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (8) TMI 618 - HC - Income TaxDeduction / exemption u/s 10A - including the interest on bank deposits for the purpose of claiming deduction / exemption - HELD THAT:- It has been brought to the notice of this Court that there is a judgment of the Full Bench of the Karnataka High Court M/S. HEWLETT PACKARD GLOBAL SOFT LTD. [2017 (11) TMI 205 - KARNATAKA HIGH COURT] wherein as held that the interest on bank deposits is also eligible to be included in the profits of 100% Export Oriented Units for the purpose of claiming deduction under Section 10A / 10B. - Decided in favour of assessee.
|