https://www.taxtmi.com/caselaws?id=343905 The Tribunal upheld the CIT(A)'s decision, affirming the eligibility of the assessee's claim for deduction u/s 10A and the set-off of unabsorbed depreciation and business losses against the current year's profits of the 10A unit. The judgment emphasized the importance of legal precedents and the binding effect of jurisdictional high court decisions in interpreting and applying tax laws, leading to the dismissal of the Revenue's appeal. en-us Wed, 31 May 2017 00:00:00 +0530 Mon, 05 Jun 2017 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343905 The Tribunal upheld the CIT(A)'s decision, affirming the eligibility of the assessee's claim for deduction u/s 10A and the set-off of unabsorbed depreciation and business losses against the current year's profits of the 10A unit. The judgment emphasized the importance of legal precedents and the binding effect of jurisdictional high court decisions in interpreting and applying tax laws, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Wed, 31 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343905