Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2020 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (6) TMI 724 - HC - Income TaxCarry forward loss / depreciation of one eligible unit set off against the profits of another eligible unit before deduction under Section 10A - HELD THAT:- As decided in M/s.Comstar Automotive Technologies Private Limited [2020 (3) TMI 814 - MADRAS HIGH COURT] it has been held that, the deductions either under Section 10A or 10B would be made while computing the gross total income of the eligible undertaking (like the Assessee) under Chapter IV of the Act and not at the stage of computation of the total income under Chapter VI of the Act. Accordingly, in terms of the aforesaid judgment rendered by this Court itself, the present appeal is disposed of in the same terms and the question of law framed above is answered in the same terms.
|