ITAT allows Deduction u/s 80 IA(4)(iii) of Income Tax Act on Interest Income derived from Industrial Parks/SEZ [Read Order]

The interest income on fixed deposits would be eligible for deduction under Section 80IAB of the Income Tax Act, 1961
ncome Tax Act - ITAT - ITAT delhi - Special Economic Zones - Section 80 IA(4)(iii) of the Income Tax Act - taxscan

The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) allowed a deduction under Section 80 IA(4)(iii) of the Income Tax Act in respect of interest income derived from industrial parks and Special Economic Zones ( SEZ ).  Read more… SEZ Developer Not Entitled to Deduction on Sale of Food and Beverages u/s…

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