https://www.taxtmi.com/caselaws?id=72028 The Tribunal partly allowed the assessee's appeal. It ruled that unabsorbed depreciation should not be considered when computing profits eligible for deduction under Section 10A, allowing the deduction to be computed independently of such depreciation. Additionally, the Tribunal determined that telecommunication charges should be deducted from both the export turnover and total turnover when calculating the deduction under Section 10A, ensuring consistency in the computation formula. en-us Fri, 29 Aug 2008 00:00:00 +0530 Sat, 09 Dec 2023 20:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72028 The Tribunal partly allowed the assessee's appeal. It ruled that unabsorbed depreciation should not be considered when computing profits eligible for deduction under Section 10A, allowing the deduction to be computed independently of such depreciation. Additionally, the Tribunal determined that telecommunication charges should be deducted from both the export turnover and total turnover when calculating the deduction under Section 10A, ensuring consistency in the computation formula. Case-Laws Income Tax Fri, 29 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72028