https://www.taxtmi.com/caselaws?id=122483 The ITAT allowed the assessee's appeal regarding the denial of exemption under section 80-IA for income from telecommunication services. The ITAT directed the AO to attribute 75% of the income to new exchanges and 25% to old exchanges for computing the deduction under section 80-IA, acknowledging technological advancements post-1995. The appeal was partially allowed, with specific instructions for recomputation in accordance with the amended provisions for the assessment year 2005-06. en-us Thu, 11 Mar 2010 00:00:00 +0530 Tue, 14 Aug 2012 10:33:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122483 The ITAT allowed the assessee's appeal regarding the denial of exemption under section 80-IA for income from telecommunication services. The ITAT directed the AO to attribute 75% of the income to new exchanges and 25% to old exchanges for computing the deduction under section 80-IA, acknowledging technological advancements post-1995. The appeal was partially allowed, with specific instructions for recomputation in accordance with the amended provisions for the assessment year 2005-06. Case-Laws Income Tax Thu, 11 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122483