https://www.taxtmi.com/caselaws?id=242071 The ITAT upheld the decision of the ld. CIT(A) regarding the allowance of deduction u/s 10AA without setting off brought forward business losses and unabsorbed depreciation. The judgment emphasized the interpretation of section 10A and the computation of income, considering relevant case laws and precedents cited by both parties. The ITAT confirmed the order of the ld. CIT(A) and dismissed the department's appeal. en-us Wed, 01 Jan 2014 00:00:00 +0530 Tue, 07 Jan 2014 07:04:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242071 The ITAT upheld the decision of the ld. CIT(A) regarding the allowance of deduction u/s 10AA without setting off brought forward business losses and unabsorbed depreciation. The judgment emphasized the interpretation of section 10A and the computation of income, considering relevant case laws and precedents cited by both parties. The ITAT confirmed the order of the ld. CIT(A) and dismissed the department's appeal. Case-Laws Income Tax Wed, 01 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242071