https://www.taxtmi.com/caselaws?id=183738 The court allowed the appeals based on the issue of whether the deduction under Section 10B of the Income Tax Act should be allowed before adjusting brought forward losses and unabsorbed depreciation. The court concluded that Section 10B income should be excluded before computing total income for taxation purposes. The second issue regarding the time-barred re-assessment notice was not addressed as it was not raised before the Tribunal for a decision. en-us Tue, 20 Aug 2013 00:00:00 +0530 Wed, 14 Dec 2016 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183738 The court allowed the appeals based on the issue of whether the deduction under Section 10B of the Income Tax Act should be allowed before adjusting brought forward losses and unabsorbed depreciation. The court concluded that Section 10B income should be excluded before computing total income for taxation purposes. The second issue regarding the time-barred re-assessment notice was not addressed as it was not raised before the Tribunal for a decision. Case-Laws Income Tax Tue, 20 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183738