https://www.taxtmi.com/caselaws?id=425396 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of deductions under Section 10A for AY 2007-08 and AY 2008-09. The Tribunal found the allocation of expenses between 10A and non-10A units by the assessee to be reasonable and in compliance with Accounting Standards-17. The Revenue's appeals were dismissed, affirming the deletion of disallowances and the appropriateness of expense allocation. en-us Wed, 20 Jul 2022 00:00:00 +0530 Fri, 22 Jul 2022 09:18:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425396 The Tribunal upheld the CIT(A)'s decision to delete the disallowance of deductions under Section 10A for AY 2007-08 and AY 2008-09. The Tribunal found the allocation of expenses between 10A and non-10A units by the assessee to be reasonable and in compliance with Accounting Standards-17. The Revenue's appeals were dismissed, affirming the deletion of disallowances and the appropriateness of expense allocation. Case-Laws Income Tax Wed, 20 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425396