TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of ITAT allowed the assessee's appeal, directing the Assessing Officer (AO) to recalculate the exemption under Section 10AA by appropriately adjusting both sales and corresponding costs from SEZ unit transactions. The tribunal found that while the AO removed sales to other SEZ units, he failed to proportionately reduce the associated cost of sales. The ruling mandates a comprehensive review of the exemption calculation, ensuring that both revenue and expenditure are accurately proportioned, thereby potentially increasing the allowable exemption for the assessee.
TaxTMI 
TaxTMI 
