TMI Blog2014 (8) TMI 1234X X X X Extracts X X X X X X X X Extracts X X X X ..... with business as provided under Section 10B - HELD THAT:- In the assessee s case itself, for the assessment year 1998-99, this Court [ 2010 (4) TMI 1147 - KARNATAKA HIGH COURT ] held the said income has to be included in the business income. This Court also had an occasion to consider this question in extenso in the case of the Commissioner of Income Tax vs Motorola India Electronics (P) Ltd. [ 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the business and treating them as income from other sources. 2. The substantial question of law that arise for consideration in this appeal is as under: Whether in the facts and circumstances of the case, the tribunal was justified in treating the interest earned from the fixed deposits, interest earned on staff loans and fines collected from the staff and the insurance claim is not in con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xport of articles or things or computer software. Therefore, it excludes profit and gains from export of articles. But Subsection (4) explains what is the profit derived from export of articles as mentioned in Subsection (1). The substituted Subsection (4) says that profits derived from export of articles or things or computer software shall be the account which bares to the profits of the busines ..... X X X X Extracts X X X X X X X X Extracts X X X X
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