https://www.taxtmi.com/caselaws?id=183522 The dominant issue was whether deduction u/s 10A must be computed on profits of the eligible undertaking independently, or only after setting off brought-forward losses and unabsorbed depreciation of other non-eligible units. Interpreting s.10A as conferring a unit-specific deduction linked to profits of the eligible undertaking, the Tribunal held that losses of other units cannot be adjusted to reduce such eligible profits, and that results of other businesses do not control the computation of the eligible undertaking's deduction. Applying its consistent view and prior decisions, the Tribunal directed the AO to allow deduction u/s 10A on the eligible undertaking's profits without set-off of losses/depreciation of other units, and allowed the appeal. en-us Fri, 29 Aug 2008 00:00:00 +0530 Wed, 07 Jan 2026 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183522 The dominant issue was whether deduction u/s 10A must be computed on profits of the eligible undertaking independently, or only after setting off brought-forward losses and unabsorbed depreciation of other non-eligible units. Interpreting s.10A as conferring a unit-specific deduction linked to profits of the eligible undertaking, the Tribunal held that losses of other units cannot be adjusted to reduce such eligible profits, and that results of other businesses do not control the computation of the eligible undertaking's deduction. Applying its consistent view and prior decisions, the Tribunal directed the AO to allow deduction u/s 10A on the eligible undertaking's profits without set-off of losses/depreciation of other units, and allowed the appeal. Case-Laws Income Tax Fri, 29 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183522