https://www.taxtmi.com/caselaws?id=272265 The tribunal upheld the CIT(A)'s orders for both assessment years, directing the AO to allow the deduction under Section 10A without setting off brought forward business losses and to include the sale proceeds of scrap in the total turnover for the purpose of deduction under Section 10B. The revenue's appeals were dismissed, affirming the decisions in favor of the assessee. en-us Fri, 22 Jan 2016 00:00:00 +0530 Fri, 26 Feb 2016 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272265 The tribunal upheld the CIT(A)'s orders for both assessment years, directing the AO to allow the deduction under Section 10A without setting off brought forward business losses and to include the sale proceeds of scrap in the total turnover for the purpose of deduction under Section 10B. The revenue's appeals were dismissed, affirming the decisions in favor of the assessee. Case-Laws Income Tax Fri, 22 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272265