https://www.taxtmi.com/caselaws?id=337859 The Tribunal dismissed the Revenue's appeal challenging the allowance of deduction u/s 10A before computing brought forward losses and unabsorbed depreciation. Relying on legal precedents and CBDT Circular No. 7 of 2013, the Tribunal aligned with previous court decisions, emphasizing the correct computation of deductions under Sec 10A. The decision upheld the Commissioner's ruling and emphasized adherence to established legal interpretations, ultimately ruling in favor of the assessee. en-us Fri, 18 Nov 2016 00:00:00 +0530 Thu, 19 Jan 2017 08:30:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337859 The Tribunal dismissed the Revenue's appeal challenging the allowance of deduction u/s 10A before computing brought forward losses and unabsorbed depreciation. Relying on legal precedents and CBDT Circular No. 7 of 2013, the Tribunal aligned with previous court decisions, emphasizing the correct computation of deductions under Sec 10A. The decision upheld the Commissioner's ruling and emphasized adherence to established legal interpretations, ultimately ruling in favor of the assessee. Case-Laws Income Tax Fri, 18 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337859