https://www.taxtmi.com/caselaws?id=274400 The High Court upheld the ITAT's decision that a new unit should be treated as a separate entity for computing deduction under section 10A of the Act. It also ruled that amounts received from employees towards notice periods could be considered for deduction under Section 10A. Additionally, the Court supported the ITAT's decision to set aside the adjustment directed by the AO/TPO regarding profit margins in transactions with associated enterprises, as it aligned with relevant Income Tax Rules. The judgment provided clarity on these issues in accordance with the law. en-us Wed, 15 Apr 2015 00:00:00 +0530 Sun, 12 Aug 2018 11:33:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274400 The High Court upheld the ITAT's decision that a new unit should be treated as a separate entity for computing deduction under section 10A of the Act. It also ruled that amounts received from employees towards notice periods could be considered for deduction under Section 10A. Additionally, the Court supported the ITAT's decision to set aside the adjustment directed by the AO/TPO regarding profit margins in transactions with associated enterprises, as it aligned with relevant Income Tax Rules. The judgment provided clarity on these issues in accordance with the law. Case-Laws Income Tax Wed, 15 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274400