https://www.taxtmi.com/caselaws?id=179639 The Court dismissed the appeal regarding the exclusion of expenditure incurred in foreign currency from total turnover under Section 10B, citing precedent. Similarly, the Court rejected the appeal on the set off of unabsorbed depreciation and brought forward loss before computing deduction under Section 10B, referencing prior rulings. The Revenue highlighted pending appeals at the Apex Court, with directions for Assessing Authority to act accordingly based on the Apex Court's decisions. en-us Fri, 05 Sep 2014 00:00:00 +0530 Mon, 07 Mar 2016 07:20:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179639 The Court dismissed the appeal regarding the exclusion of expenditure incurred in foreign currency from total turnover under Section 10B, citing precedent. Similarly, the Court rejected the appeal on the set off of unabsorbed depreciation and brought forward loss before computing deduction under Section 10B, referencing prior rulings. The Revenue highlighted pending appeals at the Apex Court, with directions for Assessing Authority to act accordingly based on the Apex Court's decisions. Case-Laws Income Tax Fri, 05 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179639