https://www.taxtmi.com/caselaws?id=248967 The Tribunal allowed the assessee's appeals for both A.Y. 2004-05 and A.Y. 2006-07, directing the A.O. to allow the deduction under Section 10B on the profit of the eligible unit without setting off the brought forward unabsorbed depreciation. The preliminary issue regarding the validity of reopening the assessment for A.Y. 2004-05 was rendered infructuous and was not adjudicated upon. The orders of the CIT(A) were reversed, and the A.O. was directed to recompute the deduction under Section 10B as claimed by the assessee. en-us Wed, 18 Jun 2014 00:00:00 +0530 Tue, 01 Jul 2014 06:27:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248967 The Tribunal allowed the assessee's appeals for both A.Y. 2004-05 and A.Y. 2006-07, directing the A.O. to allow the deduction under Section 10B on the profit of the eligible unit without setting off the brought forward unabsorbed depreciation. The preliminary issue regarding the validity of reopening the assessment for A.Y. 2004-05 was rendered infructuous and was not adjudicated upon. The orders of the CIT(A) were reversed, and the A.O. was directed to recompute the deduction under Section 10B as claimed by the assessee. Case-Laws Income Tax Wed, 18 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248967