https://www.taxtmi.com/caselaws?id=254911 The High Court upheld the Tribunal's decision regarding the separate and independent status of Unit-B for claiming deduction under section 10A of the IT Act. It also affirmed that certain incomes like sales tax refund, liabilities no longer required, and profit on sale of assets are eligible for computing the deduction under section 10A for Unit-A. The Court further ruled that the deduction under section 10A for Unit-A should be computed without deducting the loss pertaining to Unit-B, and telecommunication charges and expenses incurred in foreign currency should be excluded from the figures of "Export Turnover" for the purpose of computing the deduction. The appeal was dismissed as none of the issues raised substantial questions of law. en-us Fri, 12 Dec 2014 00:00:00 +0530 Mon, 01 Jun 2026 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254911 The High Court upheld the Tribunal's decision regarding the separate and independent status of Unit-B for claiming deduction under section 10A of the IT Act. It also affirmed that certain incomes like sales tax refund, liabilities no longer required, and profit on sale of assets are eligible for computing the deduction under section 10A for Unit-A. The Court further ruled that the deduction under section 10A for Unit-A should be computed without deducting the loss pertaining to Unit-B, and telecommunication charges and expenses incurred in foreign currency should be excluded from the figures of "Export Turnover" for the purpose of computing the deduction. The appeal was dismissed as none of the issues raised substantial questions of law. Case-Laws Income Tax Fri, 12 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254911