https://www.taxtmi.com/caselaws?id=386493 The Appellate Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to exclude specific expenses from total turnover for deduction under section 10AA of the Income Tax Act, citing relevant case law. Additionally, the Tribunal supported the allowance of carry forward losses without setting them off against the income eligible for deduction under section 10AA, based on previous orders and court decisions. The Tribunal dismissed the revenue's appeal on these grounds, affirming the Commissioner's decisions. en-us Fri, 02 Aug 2019 00:00:00 +0530 Mon, 30 Sep 2019 09:51:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386493 The Appellate Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to exclude specific expenses from total turnover for deduction under section 10AA of the Income Tax Act, citing relevant case law. Additionally, the Tribunal supported the allowance of carry forward losses without setting them off against the income eligible for deduction under section 10AA, based on previous orders and court decisions. The Tribunal dismissed the revenue's appeal on these grounds, affirming the Commissioner's decisions. Case-Laws Income Tax Fri, 02 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386493