Exemption u/s.10B - whether the interest received and the ...

Income Tax

June 3, 2015

Exemption u/s.10B - whether the interest received and the consideration received by sale of import entitlement is to be construed as income of the business of the undertaking. There is a direct nexus between this income and the income of the business of the undertaking. - Held Yes - AT

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Exemption u/s.10B - whether the interest received and the ...

Income Tax

June 3, 2015

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