https://www.taxtmi.com/caselaws?id=183425 The Tribunal upheld that profits of Rs. 20,53,26,910/- from the export-oriented unit were eligible for relief under section 10A, rejecting the Revenue's claim of collusion with a German company. The Tribunal also rejected the Assessing Officer's estimation of profits at a lower rate, emphasizing operational efficiencies. It ruled that losses from non-10A units should not be set off against profits of the 10A unit for computing deduction under section 10A. The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal, affirming the eligibility of profits for relief under section 10A without adjusting for losses from other units. en-us Fri, 30 Nov 2012 00:00:00 +0530 Wed, 08 Jun 2016 18:41:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183425 The Tribunal upheld that profits of Rs. 20,53,26,910/- from the export-oriented unit were eligible for relief under section 10A, rejecting the Revenue's claim of collusion with a German company. The Tribunal also rejected the Assessing Officer's estimation of profits at a lower rate, emphasizing operational efficiencies. It ruled that losses from non-10A units should not be set off against profits of the 10A unit for computing deduction under section 10A. The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal, affirming the eligibility of profits for relief under section 10A without adjusting for losses from other units. Case-Laws Income Tax Fri, 30 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183425