Deduction u/s 10AA duly available to interest income earned from FD

Jardine Lloyd Thompson Private Limited Vs ACIT (ITAT Mumbai) ITAT Mumbai held that interest income earned by the assessee on account of surplus funds placed in FD is eligible for deduction under section 10AA of the Income Tax Act. Facts- The assessee is engaged in the business of rendering administrative and back office support services in India to its associated enterprise. The assessee filed the return of income for A.Y. 2013-14 on 28/11/2013 declaring total income of Rs.10,87,09,850/-. The assessee filed subsequently a revised return on 30/03/2015 where the assessee revised the claim of cre...