https://www.taxtmi.com/caselaws?id=240134 The Tribunal ruled in favor of the assessee regarding the denial of deduction under Section 10A for the Chennai unit, finding it to be a separate and independent undertaking. The Tribunal allowed the assessee's grounds related to this issue. However, on the treatment of communication and insurance charges, as well as the exclusion of reimbursement of expenses from export turnover, the Tribunal remanded these issues back to the assessing officer for reconsideration. The Tribunal upheld the consideration of statutory disallowances as eligible business profits for deduction under Section 10A, dismissing the Revenue's appeal on this ground. en-us Fri, 24 Aug 2012 00:00:00 +0530 Tue, 12 Nov 2013 10:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240134 The Tribunal ruled in favor of the assessee regarding the denial of deduction under Section 10A for the Chennai unit, finding it to be a separate and independent undertaking. The Tribunal allowed the assessee's grounds related to this issue. However, on the treatment of communication and insurance charges, as well as the exclusion of reimbursement of expenses from export turnover, the Tribunal remanded these issues back to the assessing officer for reconsideration. The Tribunal upheld the consideration of statutory disallowances as eligible business profits for deduction under Section 10A, dismissing the Revenue's appeal on this ground. Case-Laws Income Tax Fri, 24 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240134