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Case Law Details

Case Name : PCIT Vs Allstate India Private Limited (Karnataka High Court)
Appeal Number : Income Tax Appeal No. 669 of 2023
Date of Judgement/Order : 12/08/2024
Related Assessment Year :
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PCIT Vs Allstate India Private Limited (Karnataka High Court)

In the case of PCIT vs. Allstate India Private Limited, the Karnataka High Court addressed whether interest income earned from surplus funds parked in fixed deposits (FDs) by an exporter in a Special Economic Zone (SEZ) qualifies for exemption under Section 10AA of the Income

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