Bombay High Court Hears Income Tax Appeal Concerning Deduction Under Section 80IA for Interest Income from Fixed Deposits Linked to Container Terminal Operations. The core legal question centred on whether interest earned on fixed deposits maintained for mandatory crane replacement and disputed tariff amounts constituted profits derived from eligible infrastructure business.
26 Aug 2025The matter before the High Court of Judicature at Bombay concerned an income tax appeal and a writ petition filed by Gateway Terminals India Pvt. Ltd....




