ITAT allows section 10A Deduction on Income From Design Charges By Anand Gupta taxguruin

ITAT allows section 10A Deduction on Income From Design Charges

Appellant has been able to establish that income by way of Design Charges are in the nature of business income as the same are inherently connected with the business of export of jewellery undertaken by Unit-II of the Appellant, and therefore, the same must be included in business income for the purpose of computing deduction under Section 10A of the Act.

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