Deductions u/s 80IA eligible on FDR Interest, Scrap Sales, EDI Charges & ICD Operations

DCIT Vs JWC Logistics Park P. Ltd. (ITAT Mumbai) Deduction u/s 80IA available towards FDR interest, scrap sales, EDI charges and profit from operation of ICD ITAT Mumbai held that deduction u/s 80IA of the Income Tax Act duly available towards FDR interest, scrap sales and EDI charges and on account profit earned from the operation of Inland container Depot (ICD). Facts- During the course of assessment proceedings the AO found that the assessee company had claimed deduction of Rs. 12,97,713/- and Rs.4,65,58,515/-, totaling to Rs.4,78,56,228/- u/s. 80IA(4) of the Act on account of FDR interest,...