https://www.taxtmi.com/caselaws?id=270197 The Tribunal allowed the appeal of the assessee, directing the AO to re-compute the deduction under section 10B before adjusting brought forward losses and to verify the computation of book profits under section 115JB. The appeal of the Revenue was dismissed, upholding the CIT(A)'s decision to allow the deduction under section 10B on enhanced profits due to disallowance under section 40(a)(ia). en-us Tue, 10 Nov 2015 00:00:00 +0530 Thu, 31 Dec 2015 12:35:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270197 The Tribunal allowed the appeal of the assessee, directing the AO to re-compute the deduction under section 10B before adjusting brought forward losses and to verify the computation of book profits under section 115JB. The appeal of the Revenue was dismissed, upholding the CIT(A)'s decision to allow the deduction under section 10B on enhanced profits due to disallowance under section 40(a)(ia). Case-Laws Income Tax Tue, 10 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270197