https://www.taxtmi.com/caselaws?id=385387 The Court ruled in favor of the respondent, holding that foreign exchange gains should be considered as part of profits for deduction under Section 10A as they are integral to export profits. The Court remanded the issue related to the application of the Third Proviso to Section 10A for fresh consideration due to inconsistencies in the Tribunal's order. Regarding the deletion of a specific amount of depreciation, the Court found in favor of the respondent, concluding that there was no substantial question of law, and upheld the Tribunal's decision. en-us Fri, 16 Aug 2019 00:00:00 +0530 Tue, 03 Sep 2019 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385387 The Court ruled in favor of the respondent, holding that foreign exchange gains should be considered as part of profits for deduction under Section 10A as they are integral to export profits. The Court remanded the issue related to the application of the Third Proviso to Section 10A for fresh consideration due to inconsistencies in the Tribunal's order. Regarding the deletion of a specific amount of depreciation, the Court found in favor of the respondent, concluding that there was no substantial question of law, and upheld the Tribunal's decision. Case-Laws Income Tax Fri, 16 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385387