https://www.taxtmi.com/caselaws?id=178218 The Tribunal ruled in favor of the assessee in a case involving disallowance of exemption on premium for a special import license, warranty expenses, and excise duty deduction. The Tribunal allowed income from various sources to be treated as profits from exports for deduction under Section 10-A. It also upheld the allowance of loss due to discontinuance of dealership and write-off of debts. Additionally, the Tribunal held that payment of gratuity and provident fund under Section 43B is allowable. The issue of considering newly established undertakings as separate entities for deduction under Section 10A was left unresolved, prompting the Revenue to appeal. en-us Tue, 28 Feb 2012 00:00:00 +0530 Tue, 21 Mar 2023 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178218 The Tribunal ruled in favor of the assessee in a case involving disallowance of exemption on premium for a special import license, warranty expenses, and excise duty deduction. The Tribunal allowed income from various sources to be treated as profits from exports for deduction under Section 10-A. It also upheld the allowance of loss due to discontinuance of dealership and write-off of debts. Additionally, the Tribunal held that payment of gratuity and provident fund under Section 43B is allowable. The issue of considering newly established undertakings as separate entities for deduction under Section 10A was left unresolved, prompting the Revenue to appeal. Case-Laws Income Tax Tue, 28 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178218