https://www.taxtmi.com/caselaws?id=362568 Section 10A deduction is to be computed independently for the eligible undertaking at the stage of determining that undertaking's profits, rather than only after aggregation of the assessee's total income. The profits and gains of the undertaking must be worked out separately, and the deduction allowed immediately thereafter, before the general set-off and carry forward provisions under Sections 70, 72 and 74 are applied. Export turnover and total turnover for Section 10A are confined to the undertaking itself and are not linked to the assessee's other business units. The issue was answered in favour of the assessee. en-us Tue, 19 Jun 2018 00:00:00 +0530 Thu, 28 Jun 2018 10:42:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362568 Section 10A deduction is to be computed independently for the eligible undertaking at the stage of determining that undertaking's profits, rather than only after aggregation of the assessee's total income. The profits and gains of the undertaking must be worked out separately, and the deduction allowed immediately thereafter, before the general set-off and carry forward provisions under Sections 70, 72 and 74 are applied. Export turnover and total turnover for Section 10A are confined to the undertaking itself and are not linked to the assessee's other business units. The issue was answered in favour of the assessee. Case-Laws Income Tax Tue, 19 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362568