Interest Income Derived from the Business of Manufacturing and Export of Rice is Eligible for Deduction u/s 10B of Income Tax Act: ITAT [Read Order]

By Aparna. M - On May 3, 2023 9:00 am - 2 mins read

Interest Income Derived from the Business of Manufacturing and Export of Rice - Interest Income - Interest Income Derived from the Business - Manufacturing and Export of Rice - Income Tax Act - ITAT - Taxscan

The Delhi bench of the Income Tax Appellate Tribunal (ITAT)has recently held that interest income derived from the business of manufacturing and export of rice is eligible for deduction under Section 10B of the Income Tax Act 1961. Section 10B of the Income Tax Act is a special provision enacted for a hundred per cent…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?

Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)

₹1199 + GST for 1 year

Subscribe Now

Topics