https://www.taxtmi.com/caselaws?id=303747 The Tribunal ruled in favor of the assessee in a cross-appeal for AY 2007-08. The judgment favored the assessee on the computation of deduction under section 10A, emphasizing deductions over exemptions and allowing set-off of losses and depreciation. Additionally, the Tribunal upheld the allowability of employees' contribution to PF made within the grace period, following a Supreme Court precedent. The assessee's appeal was allowed, while the Revenue's appeal was rejected, resulting in a clear victory for the assessee in the case. en-us Tue, 02 Dec 2014 00:00:00 +0530 Tue, 09 Aug 2022 20:12:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303747 The Tribunal ruled in favor of the assessee in a cross-appeal for AY 2007-08. The judgment favored the assessee on the computation of deduction under section 10A, emphasizing deductions over exemptions and allowing set-off of losses and depreciation. Additionally, the Tribunal upheld the allowability of employees' contribution to PF made within the grace period, following a Supreme Court precedent. The assessee's appeal was allowed, while the Revenue's appeal was rejected, resulting in a clear victory for the assessee in the case. Case-Laws Income Tax Tue, 02 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303747