https://www.taxtmi.com/caselaws?id=121856 The revenue's appeal regarding the allowability of advances written off was remitted back to the AO for further examination, as the Tribunal noted insufficient reasoning for classifying certain advances as capital expenditures. For the assessee's appeal concerning the computation of export and total turnover under section 10A, the Tribunal directed the AO to exclude certain expenses from both export and total turnover, aligning with the Supreme Court's precedent. This resulted in a partial allowance of the assessee's appeal for the assessment year 2004-05, ensuring correct deduction computation under section 10A. en-us Fri, 26 Sep 2008 00:00:00 +0530 Sat, 09 Dec 2023 19:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121856 The revenue's appeal regarding the allowability of advances written off was remitted back to the AO for further examination, as the Tribunal noted insufficient reasoning for classifying certain advances as capital expenditures. For the assessee's appeal concerning the computation of export and total turnover under section 10A, the Tribunal directed the AO to exclude certain expenses from both export and total turnover, aligning with the Supreme Court's precedent. This resulted in a partial allowance of the assessee's appeal for the assessment year 2004-05, ensuring correct deduction computation under section 10A. Case-Laws Income Tax Fri, 26 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121856