The Court held that the Interest On Bank Deposits is eligible to be included in the profits of 100 Per Cent. Export oriented units for the purpose of claiming deduction under Section 10A/ 10B of the Income-Tax Act, 1961.( AY. 2003-04)
CIT v. Sankhya Technologies Pvt. Ltd. (2020) 427 ITR 318 / ( 2021) 276 Taxman 254 (Mad) (HC)
S. 10A : Free trade zone – Interest on bank deposits includible while computing profits [ S.10B ]