https://www.taxtmi.com/caselaws?id=410989 For Section 10A computation, any expense excluded from export turnover must also be excluded from total turnover to preserve parity in the statutory formula and avoid distortion. The same approach applies to telecommunication expenses, which are to be removed from both limbs of the computation. Section 10A relief is also to be determined at the stage of computing the eligible undertaking's income, without first setting off brought forward losses or unabsorbed depreciation under Sections 71 and 72 so as to neutralise the deduction. The result is that the assessee remains entitled to the Section 10A benefit on the issues considered. en-us Tue, 03 Aug 2021 00:00:00 +0530 Sat, 14 Aug 2021 09:27:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410989 For Section 10A computation, any expense excluded from export turnover must also be excluded from total turnover to preserve parity in the statutory formula and avoid distortion. The same approach applies to telecommunication expenses, which are to be removed from both limbs of the computation. Section 10A relief is also to be determined at the stage of computing the eligible undertaking's income, without first setting off brought forward losses or unabsorbed depreciation under Sections 71 and 72 so as to neutralise the deduction. The result is that the assessee remains entitled to the Section 10A benefit on the issues considered. Case-Laws Income Tax Tue, 03 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410989