https://www.taxtmi.com/caselaws?id=185308 The Tribunal upheld the CIT(A)'s decisions in various issues, including vacating the allocation of corporate expenses to s. 10A units due to lack of prescribed method, confirming that certain incomes should not be excluded from export turnover for s. 10A deduction, and directing the exclusion of specific items for s. 80HHC deduction. Additionally, the Tribunal clarified that deemed exports are not part of export turnover for s. 10A deduction and disallowed deduction under s. 80-IB for AMC receipts and sale of monitors. Foreign taxes were held not to be included in export turnover, and long-term capital loss on shares and interest under s. 234B and 234D were allowed and charged, respectively. en-us Fri, 30 May 2008 00:00:00 +0530 Sat, 06 May 2017 15:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185308 The Tribunal upheld the CIT(A)'s decisions in various issues, including vacating the allocation of corporate expenses to s. 10A units due to lack of prescribed method, confirming that certain incomes should not be excluded from export turnover for s. 10A deduction, and directing the exclusion of specific items for s. 80HHC deduction. Additionally, the Tribunal clarified that deemed exports are not part of export turnover for s. 10A deduction and disallowed deduction under s. 80-IB for AMC receipts and sale of monitors. Foreign taxes were held not to be included in export turnover, and long-term capital loss on shares and interest under s. 234B and 234D were allowed and charged, respectively. Case-Laws Income Tax Fri, 30 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185308