https://www.taxtmi.com/caselaws?id=215083 The Tribunal allowed the appeal in favor of the assessee regarding deductions under Section 10A. It held that units 2, 3, and 4 were eligible for the deduction as the first invoice was raised after obtaining STPI approval. The exclusion of telecommunication charges from export turnover was rejected, while foreign exchange gain related to export operations was deemed includable. The issue of deduction for interest income and miscellaneous income was remitted back to the AO for reconsideration. Income from human resource services was recognized as eligible for deduction, subject to certain conditions. The decision emphasized adherence to judicial precedents and proper appreciation of facts in determining eligibility for tax deductions. en-us Fri, 25 May 2012 00:00:00 +0530 Thu, 19 Jul 2012 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215083 The Tribunal allowed the appeal in favor of the assessee regarding deductions under Section 10A. It held that units 2, 3, and 4 were eligible for the deduction as the first invoice was raised after obtaining STPI approval. The exclusion of telecommunication charges from export turnover was rejected, while foreign exchange gain related to export operations was deemed includable. The issue of deduction for interest income and miscellaneous income was remitted back to the AO for reconsideration. Income from human resource services was recognized as eligible for deduction, subject to certain conditions. The decision emphasized adherence to judicial precedents and proper appreciation of facts in determining eligibility for tax deductions. Case-Laws Income Tax Fri, 25 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215083