Friday, November 23, 2018

EOU can claim Deduction of Interest Earned on Fixed Deposits u/s 10A: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Pune bench has held that an Export Oriented Unit ( EOU ) is eligible to claim the deduction under Section 10A of the Income Tax Act in respect of interest earned on fixed deposits. In the instant case, the assessee was 100% Export Oriented Unit. For the year under […]

The post EOU can claim Deduction of Interest Earned on Fixed Deposits u/s 10A: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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