https://www.taxtmi.com/caselaws?id=234573 The Appellate Tribunal partially allowed the appeal, directing the Assessing Officer to recompute the deduction under section 10A of the IT Act by excluding certain expenses from total turnover. Additionally, the Tribunal instructed the AO to allow the depreciation claim for fixed assets of a specific unit, emphasizing that the block of assets must be used for business purposes to claim depreciation. en-us Fri, 07 Jun 2013 00:00:00 +0530 Tue, 18 Jun 2013 13:48:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234573 The Appellate Tribunal partially allowed the appeal, directing the Assessing Officer to recompute the deduction under section 10A of the IT Act by excluding certain expenses from total turnover. Additionally, the Tribunal instructed the AO to allow the depreciation claim for fixed assets of a specific unit, emphasizing that the block of assets must be used for business purposes to claim depreciation. Case-Laws Income Tax Fri, 07 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234573