https://www.taxtmi.com/caselaws?id=211146 The High Court of Bombay dismissed the Revenue's appeal, upholding the Tribunal's decisions on both issues. The judgment clarified the application of Section 10B and related provisions, emphasizing the absence of statutory restrictions on setting off losses within the same head of income. The decision underscores the importance of legal interpretation and adherence to established precedents in tax matters. en-us Tue, 07 Feb 2012 00:00:00 +0530 Sat, 05 May 2012 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211146 The High Court of Bombay dismissed the Revenue's appeal, upholding the Tribunal's decisions on both issues. The judgment clarified the application of Section 10B and related provisions, emphasizing the absence of statutory restrictions on setting off losses within the same head of income. The decision underscores the importance of legal interpretation and adherence to established precedents in tax matters. Case-Laws Income Tax Tue, 07 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211146