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Sonic Technology (India) Inc. , ... vs Income Tax Officer,Ward-4,, ... on 17 November, 2016

surplus funds generated from the Undertaking. The surplus fund so generated is, thus, undoubtedly unrelated to business activities of Export undertaking. We fail to comprehend ... Undertaking. The interest income on Fixed Deposits derived from surplus money emanating from export activity cannot be said to be springing out of export business
Income Tax Appellate Tribunal - Ahmedabad Cites 21 - Cited by 2 - Full Document
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