https://www.taxtmi.com/caselaws?id=462862 Rental income linked to the assessee's business operations was treated as eligible for Section 10A relief, and the document states that this issue was answered in the assessee's favour. Foreign tax credit for income exempt under Section 10A, including credit for state taxes paid outside India, was also stated to be allowable on the basis of binding precedent. Recomputing the Section 10A deduction by the Assessing Authority was likewise stated to be unsustainable. The Revenue's appeal was therefore not accepted, and the assessee succeeded on all questions of law. en-us Tue, 22 Nov 2022 00:00:00 +0530 Mon, 21 Jul 2025 19:11:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462862 Rental income linked to the assessee's business operations was treated as eligible for Section 10A relief, and the document states that this issue was answered in the assessee's favour. Foreign tax credit for income exempt under Section 10A, including credit for state taxes paid outside India, was also stated to be allowable on the basis of binding precedent. Recomputing the Section 10A deduction by the Assessing Authority was likewise stated to be unsustainable. The Revenue's appeal was therefore not accepted, and the assessee succeeded on all questions of law. Case-Laws Income Tax Tue, 22 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462862