https://www.taxtmi.com/caselaws?id=256108 For the assessment year 2005-06, the Tribunal allowed the assessee's appeal regarding the deduction under Section 10A of the Income Tax Act, holding that the deduction should be calculated before adjusting unabsorbed business loss and depreciation. The appeal for the assessment year 2007-08 was treated as allowed for statistical purposes, with the Tribunal directing the Assessing Officer to reconsider the exclusion of exchange variation on share application money from taxable income based on relevant judicial precedents. en-us Fri, 21 Nov 2014 00:00:00 +0530 Fri, 13 Feb 2015 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256108 For the assessment year 2005-06, the Tribunal allowed the assessee's appeal regarding the deduction under Section 10A of the Income Tax Act, holding that the deduction should be calculated before adjusting unabsorbed business loss and depreciation. The appeal for the assessment year 2007-08 was treated as allowed for statistical purposes, with the Tribunal directing the Assessing Officer to reconsider the exclusion of exchange variation on share application money from taxable income based on relevant judicial precedents. Case-Laws Income Tax Fri, 21 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256108