https://www.taxtmi.com/caselaws?id=295420 The Tribunal allowed the Assessee's appeal, holding that the revision proceedings under Section 263 were not justified as the original assessment order was in accordance with the law. Additionally, the deduction under Section 10A should be allowed before setting off brought forward losses, consistent with judicial precedents. The Tribunal upheld the original assessment order and quashed the revision order. en-us Wed, 04 Sep 2019 00:00:00 +0530 Thu, 03 Jun 2021 08:35:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295420 The Tribunal allowed the Assessee's appeal, holding that the revision proceedings under Section 263 were not justified as the original assessment order was in accordance with the law. Additionally, the deduction under Section 10A should be allowed before setting off brought forward losses, consistent with judicial precedents. The Tribunal upheld the original assessment order and quashed the revision order. Case-Laws Income Tax Wed, 04 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295420