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    <title>2012 (1) TMI 372 - ITAT MUMBAI</title>
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    <description>The Tribunal upheld the disallowance of exemption u/s.10B on the profits of the Pune Unit, emphasizing the need to consider the total income of all units for such deductions. The assessee&#039;s argument that each unit&#039;s profits should be exempted u/s.10B without setting off losses was not accepted, leading to the dismissal of the appeal. The judgment was pronounced on January 27, 2012.</description>
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    <pubDate>Fri, 27 Jan 2012 00:00:00 +0530</pubDate>
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      <title>2012 (1) TMI 372 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=282424</link>
      <description>The Tribunal upheld the disallowance of exemption u/s.10B on the profits of the Pune Unit, emphasizing the need to consider the total income of all units for such deductions. The assessee&#039;s argument that each unit&#039;s profits should be exempted u/s.10B without setting off losses was not accepted, leading to the dismissal of the appeal. The judgment was pronounced on January 27, 2012.</description>
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      <pubDate>Fri, 27 Jan 2012 00:00:00 +0530</pubDate>
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