Tata Consultancy Services Ltd. v. Dy. CIT [2023] 154 taxmann.com 372 / (2025) 129 ITR 667 (Mum.)(Trib.)

S. 10AA : Special Economic Zones-Export-Interest income forming part of business profits-Eligible for deduction.

The Assessing Officer excluded interest income from the profits eligible for deduction under section 10AA. The Tribunal held that since the interest income formed part of the business profits of the eligible undertaking, it was required to be included while computing the deduction under section 10AA. (AY. 2014-15).

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