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2022 (10) TMI 1124 - HC - Income TaxDeduction u/s 10A - incidental income of the assessee in the form of interest income - HELD THAT:- Having heard learned counsel for the Appellant, this Court finds that the issue raised in the present appeal is no longer res integra. In Principal Commissioner of Income Tax-1 vs. American Express India Pvt. Ltd. [2018 (2) TMI 1811 - DELHI HIGH COURT] held that Section 10A/10B of the Act is a complete code providing the mechanism for computing the “profits of the business‟ eligible for deduction u/s 10B of the Act. Once an income forms part of the business of the income of the eligible undertaking of the assessee, the same cannot be excluded from the eligible profits for the purpose of computing deduction u/s 10B - No substantial question of law arises
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