Interest on surplus funds, sales tax & excise refunds not eligible for exemption U/s. 10B

ITAT MUMBAI BENCH ‘E’ Tessitura Monti India (P.)Ltd. versus Income-tax Officer- 8(3)(3), Mumbai IT APPEAL NO. 7127 (MUM.) OF 2010 [ASSESSMENT YEAR 2005-06] JANUARY 11, 2013 ORDER Sanjay Arora, Accountant Member This is an Appeal by the Assessee directed against the Order by the Commissioner of Income Tax (Appeals)-18, Mumbai (‘CIT(A)’ for short) dated 10.08.2010, partly allowing the assessee’s appeal contesting its assessment u/s. 143(3) of the Income Tax Act, 1961 (‘the Act’ hereinafter) for the assessment year (AY) 2005-06 vide order...