https://www.taxtmi.com/caselaws?id=790054 Section 10A deduction was confined to the eligible undertaking as a matter of binding precedent, so separate treatment of the STPI units was rejected. Foreign currency expenses and link charges had to be reduced consistently from both export turnover and total turnover, while losses of eligible STPI units were allowed to be set off against other taxable income. Depreciation on networking equipment and computer peripherals was allowed at the higher computer rate, and Rule 8D disallowance under section 14A was deleted as prospective. Foreign branch profits, foreign tax credit, ESOP expense, software licence fee, forward-cover loss, sundry creditors written back, DDT relief, and surplus-fund income were either allowed in principle or remanded for verification, depending on factual nexus and supporting evidence. en-us Wed, 15 Apr 2026 00:00:00 +0530 Fri, 17 Apr 2026 10:07:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790054 Section 10A deduction was confined to the eligible undertaking as a matter of binding precedent, so separate treatment of the STPI units was rejected. Foreign currency expenses and link charges had to be reduced consistently from both export turnover and total turnover, while losses of eligible STPI units were allowed to be set off against other taxable income. Depreciation on networking equipment and computer peripherals was allowed at the higher computer rate, and Rule 8D disallowance under section 14A was deleted as prospective. Foreign branch profits, foreign tax credit, ESOP expense, software licence fee, forward-cover loss, sundry creditors written back, DDT relief, and surplus-fund income were either allowed in principle or remanded for verification, depending on factual nexus and supporting evidence. Case-Laws Income Tax Wed, 15 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790054