https://www.taxtmi.com/caselaws?id=268115 The Tribunal upheld the CIT (Appeals)'s decisions regarding the deduction under Section 10A, following precedents set by the Karnataka High Court. The Tribunal dismissed the Revenue's appeals and the assessee's challenge to the reopening of assessment. The issue of computing 'book profits' under Section 115JB was remanded to the Assessing Officer for reconsideration based on inconsistencies and the need for additional information from the assessee. en-us Wed, 04 Nov 2015 00:00:00 +0530 Fri, 20 Nov 2015 10:23:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268115 The Tribunal upheld the CIT (Appeals)'s decisions regarding the deduction under Section 10A, following precedents set by the Karnataka High Court. The Tribunal dismissed the Revenue's appeals and the assessee's challenge to the reopening of assessment. The issue of computing 'book profits' under Section 115JB was remanded to the Assessing Officer for reconsideration based on inconsistencies and the need for additional information from the assessee. Case-Laws Income Tax Wed, 04 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268115