Deduction u/s. 80HHC allowed for interest on F.D. used to avail LC Facility if it have direct nexus with export business

Deduction u/s. 80HHC allowed for interest on F.D. used to avail LC Facility if it have direct nexus with export business Posted: 07 Nov 2011 05:18 PM PST Interest earned on fixed deposits have an immediate nexus with the export business would be treated as income from business and interest earned on fixed deposits which does not have an immediate nexus with the export business, it would be treated as...