https://www.taxtmi.com/caselaws?id=214099 The Tribunal dismissed the Revenue's appeal, upholding the principle of parity in calculating deduction u/s 10A. It emphasized maintaining uniformity in treating expenses for both export turnover and total turnover, citing judicial decisions and legislative intent to incentivize exports. The Tribunal referred to relevant case law, including a decision by the Hon'ble Karnataka High Court, supporting the need for consistency in the elements of the deduction formula. The outcome favored the assessee by excluding specific expenses from both turnovers, aligning with the objective of promoting export-oriented businesses. en-us Fri, 18 May 2012 00:00:00 +0530 Wed, 13 Apr 2016 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214099 The Tribunal dismissed the Revenue's appeal, upholding the principle of parity in calculating deduction u/s 10A. It emphasized maintaining uniformity in treating expenses for both export turnover and total turnover, citing judicial decisions and legislative intent to incentivize exports. The Tribunal referred to relevant case law, including a decision by the Hon'ble Karnataka High Court, supporting the need for consistency in the elements of the deduction formula. The outcome favored the assessee by excluding specific expenses from both turnovers, aligning with the objective of promoting export-oriented businesses. Case-Laws Income Tax Fri, 18 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214099