Dismissing the appeal of the revenue , the Court held that ; Surplus amount in freight export account and in insurance export account was derived from export activities eligible for deduction .( AY.2010-11)
PCIT v. Vedansh Jewels (P.) Ltd. (2018)97 taxmann.com 521/ 258 Taxman 155 ( Raj) (HC) Editorial: SLP of revenue is dismissed ;PCIT v. Vedansh Jewels (P.) Ltd. (2018) 258 Taxman 154 (SC)
S. 10AA : Special economic zones -Derived from – Surplus amount in freight export account and in insurance export account was derived from export activities eligible for deduction .