https://www.taxtmi.com/caselaws?id=181396 The Hon'ble Karnataka High Court upheld the CIT(A)'s order to exclude telecommunication and travel expenses from both export turnover and total turnover for calculating deduction u/s 10A, leading to the dismissal of the revenue's appeals. Additionally, the Tribunal directed the AO to compute the deduction u/s 10A without setting off carried forward business losses and unabsorbed depreciation, resulting in the allowance of certain grounds of the assessee's appeal. The appeals filed by the revenue were dismissed, while those filed by the assessee were partly allowed. en-us Tue, 22 Nov 2011 00:00:00 +0530 Sat, 16 Apr 2016 10:48:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181396 The Hon'ble Karnataka High Court upheld the CIT(A)'s order to exclude telecommunication and travel expenses from both export turnover and total turnover for calculating deduction u/s 10A, leading to the dismissal of the revenue's appeals. Additionally, the Tribunal directed the AO to compute the deduction u/s 10A without setting off carried forward business losses and unabsorbed depreciation, resulting in the allowance of certain grounds of the assessee's appeal. The appeals filed by the revenue were dismissed, while those filed by the assessee were partly allowed. Case-Laws Income Tax Tue, 22 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181396