https://www.taxtmi.com/caselaws?id=406300 The High Court upheld the Tribunal's decision in a case challenging orders passed for Assessment Year 2005-2006 regarding set off of losses and deductions under section 10A. The appellant's appeal was dismissed, with the court affirming that deductions under Section 10A should be considered while computing the gross total income of the eligible undertaking, not during the total income calculation. The court's decision aligned with legal interpretations provided by the Apex Court, emphasizing that set off and carry forward provisions should not be applied prematurely during total income computation. en-us Thu, 01 Apr 2021 00:00:00 +0530 Sat, 10 Apr 2021 09:04:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406300 The High Court upheld the Tribunal's decision in a case challenging orders passed for Assessment Year 2005-2006 regarding set off of losses and deductions under section 10A. The appellant's appeal was dismissed, with the court affirming that deductions under Section 10A should be considered while computing the gross total income of the eligible undertaking, not during the total income calculation. The court's decision aligned with legal interpretations provided by the Apex Court, emphasizing that set off and carry forward provisions should not be applied prematurely during total income computation. Case-Laws Income Tax Thu, 01 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406300