https://www.taxtmi.com/caselaws?id=200086 The High Court ruled in favor of the assessee in a case concerning the deduction under section 10A. It held that up-linking charges should be reduced for computing total turnover when arriving at the section 10A deduction. The Court also found that profit-making units are eligible for the deduction, regardless of the independence of loss-making units. Additionally, the deduction under section 10A should be allowed on total income without setting off losses from non-profit making units. The Court dismissed the appeal by the Revenue, upholding decisions in favor of the assessee on all substantial questions of law. en-us Tue, 17 Jun 2014 00:00:00 +0530 Tue, 20 Mar 2018 07:51:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200086 The High Court ruled in favor of the assessee in a case concerning the deduction under section 10A. It held that up-linking charges should be reduced for computing total turnover when arriving at the section 10A deduction. The Court also found that profit-making units are eligible for the deduction, regardless of the independence of loss-making units. Additionally, the deduction under section 10A should be allowed on total income without setting off losses from non-profit making units. The Court dismissed the appeal by the Revenue, upholding decisions in favor of the assessee on all substantial questions of law. Case-Laws Income Tax Tue, 17 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200086