https://www.taxtmi.com/caselaws?id=204909 The appeal was partly allowed, with the tribunal directing the Assessing Officer (AO) to reassess certain issues. The tribunal allowed the deduction under section 10A for a new unit, treated as separate and independent. It also permitted the set-off of profit from the STPI Unit against losses from other units, considering section 10A as a deduction provision. Additionally, the tribunal allowed the deduction for miscellaneous income under section 10A, treated traveling expenses as legitimate business expenses, directed the AO to allow 60% depreciation on computer peripherals, and instructed a reevaluation regarding the delayed EPF payment and transfer pricing adjustment based on OECD guidelines. en-us Thu, 20 Jan 2011 00:00:00 +0530 Wed, 05 Aug 2026 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204909 The appeal was partly allowed, with the tribunal directing the Assessing Officer (AO) to reassess certain issues. The tribunal allowed the deduction under section 10A for a new unit, treated as separate and independent. It also permitted the set-off of profit from the STPI Unit against losses from other units, considering section 10A as a deduction provision. Additionally, the tribunal allowed the deduction for miscellaneous income under section 10A, treated traveling expenses as legitimate business expenses, directed the AO to allow 60% depreciation on computer peripherals, and instructed a reevaluation regarding the delayed EPF payment and transfer pricing adjustment based on OECD guidelines. Case-Laws Income Tax Thu, 20 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204909