https://www.taxtmi.com/caselaws?id=187113 The Tribunal partly allowed the assessee's appeals, directing the Assessing Officer to reassess the depreciation claim on intellectual property rights (IPR) and consider the adjustment of foreign tax credit. The Tribunal upheld the decisions regarding exclusion of telecommunication expenses from export turnover, disallowance of setting off losses from non-eligible business against eligible business profits, treatment of rental income from sub-letting, deletion of addition for provision for warranty, and inclusion of belated export proceeds in computing section 10A deduction. The revenue's appeals were dismissed. en-us Thu, 23 Oct 2008 00:00:00 +0530 Mon, 10 Oct 2016 15:02:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187113 The Tribunal partly allowed the assessee's appeals, directing the Assessing Officer to reassess the depreciation claim on intellectual property rights (IPR) and consider the adjustment of foreign tax credit. The Tribunal upheld the decisions regarding exclusion of telecommunication expenses from export turnover, disallowance of setting off losses from non-eligible business against eligible business profits, treatment of rental income from sub-letting, deletion of addition for provision for warranty, and inclusion of belated export proceeds in computing section 10A deduction. The revenue's appeals were dismissed. Case-Laws Income Tax Thu, 23 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187113