https://www.taxtmi.com/caselaws?id=287038 The Tribunal dismissed the revenue's appeals for assessment years 2010-11 and 2011-12, upholding the eligibility of 'other income' for exemption under Section 10A and the inclusion of export sale proceeds in the current year's turnover. The Tribunal also affirmed that losses of one 10A unit cannot be set off against profits of another unit and upheld the reduction of telecommunication and insurance expenditure from both export and total turnover. The assessee's cross-appeal was allowed concerning advances written back to the profit and loss account. The Tribunal's decision was pronounced on 05th December 2018. en-us Wed, 05 Dec 2018 00:00:00 +0530 Thu, 26 Mar 2020 09:42:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287038 The Tribunal dismissed the revenue's appeals for assessment years 2010-11 and 2011-12, upholding the eligibility of 'other income' for exemption under Section 10A and the inclusion of export sale proceeds in the current year's turnover. The Tribunal also affirmed that losses of one 10A unit cannot be set off against profits of another unit and upheld the reduction of telecommunication and insurance expenditure from both export and total turnover. The assessee's cross-appeal was allowed concerning advances written back to the profit and loss account. The Tribunal's decision was pronounced on 05th December 2018. Case-Laws Income Tax Wed, 05 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287038