https://www.taxtmi.com/caselaws?id=180920 Deduction under section 10A is to be computed unit-wise for the eligible STPI undertaking, so the loss of a separate non-STPI unit cannot be set off against the STPI unit's profit at the deduction stage; the non-eligible unit's losses and unabsorbed depreciation are considered only after computing the eligible profit. The computation formula also requires parity between export turnover and total turnover, so any expenditure reduced from export turnover must be reduced from total turnover as well. The assessment was directed to be recomputed on that basis. en-us Tue, 03 Jun 2008 00:00:00 +0530 Sun, 10 Dec 2023 19:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180920 Deduction under section 10A is to be computed unit-wise for the eligible STPI undertaking, so the loss of a separate non-STPI unit cannot be set off against the STPI unit's profit at the deduction stage; the non-eligible unit's losses and unabsorbed depreciation are considered only after computing the eligible profit. The computation formula also requires parity between export turnover and total turnover, so any expenditure reduced from export turnover must be reduced from total turnover as well. The assessment was directed to be recomputed on that basis. Case-Laws Income Tax Tue, 03 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180920