https://www.taxtmi.com/caselaws?id=327972 The appeal was partly allowed in favor of the assessee regarding deductions under Sections 80IB and 10B. Certain incomes like foreign exchange fluctuation gains were considered eligible for deduction, while others such as interest received were excluded. The apportionment of head office expenses was upheld, with some expenses being reallocated based on turnover. The additional ground for deductions under Sections 10B(7A) and 80IB(12) without recalculating the quantum was dismissed. The decision was pronounced in Open Court on March 31, 2016. en-us Thu, 31 Mar 2016 00:00:00 +0530 Mon, 23 May 2016 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327972 The appeal was partly allowed in favor of the assessee regarding deductions under Sections 80IB and 10B. Certain incomes like foreign exchange fluctuation gains were considered eligible for deduction, while others such as interest received were excluded. The apportionment of head office expenses was upheld, with some expenses being reallocated based on turnover. The additional ground for deductions under Sections 10B(7A) and 80IB(12) without recalculating the quantum was dismissed. The decision was pronounced in Open Court on March 31, 2016. Case-Laws Income Tax Thu, 31 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327972