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    <title>2011 (1) TMI 1480 - ITAT BANGALORE</title>
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    <description>The Tribunal ruled in favor of the assessee on several key issues, including the exclusion of telecommunication and travel expenses from export turnover for deduction under section 10A, setting off of domestic unit losses against income from the 10A unit, and treatment of interest on fixed deposits and other income for deduction under section 10A. The Tribunal also allowed depreciation on intellectual property rights but upheld the exclusion of lease rental income from the profits eligible for deduction under section 10A. The decisions provided partial relief for the assessee, with detailed reasoning based on legal principles and precedents.</description>
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    <pubDate>Mon, 31 Jan 2011 00:00:00 +0530</pubDate>
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      <title>2011 (1) TMI 1480 - ITAT BANGALORE</title>
      <link>https://www.taxtmi.com/caselaws?id=186728</link>
      <description>The Tribunal ruled in favor of the assessee on several key issues, including the exclusion of telecommunication and travel expenses from export turnover for deduction under section 10A, setting off of domestic unit losses against income from the 10A unit, and treatment of interest on fixed deposits and other income for deduction under section 10A. The Tribunal also allowed depreciation on intellectual property rights but upheld the exclusion of lease rental income from the profits eligible for deduction under section 10A. The decisions provided partial relief for the assessee, with detailed reasoning based on legal principles and precedents.</description>
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      <pubDate>Mon, 31 Jan 2011 00:00:00 +0530</pubDate>
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