https://www.taxtmi.com/caselaws?id=189321 The Court dismissed the Revenue's appeals and upheld the Tribunal's order allowing the assessee's claim for deduction under section 10A without adjusting losses of other units. The decision was based on the interpretation provided by the Bombay High Court, emphasizing that section 10A provides for a deduction to be applied before set-off provisions under Chapter VI-A of the Income-tax Act. The Court rejected the Revenue's reliance on other High Court decisions, affirming the Tribunal's decision in favor of the assessee. en-us Mon, 16 Sep 2013 00:00:00 +0530 Wed, 11 Jan 2017 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189321 The Court dismissed the Revenue's appeals and upheld the Tribunal's order allowing the assessee's claim for deduction under section 10A without adjusting losses of other units. The decision was based on the interpretation provided by the Bombay High Court, emphasizing that section 10A provides for a deduction to be applied before set-off provisions under Chapter VI-A of the Income-tax Act. The Court rejected the Revenue's reliance on other High Court decisions, affirming the Tribunal's decision in favor of the assessee. Case-Laws Income Tax Mon, 16 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189321