Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2019 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (8) TMI 446 - AT - Income TaxDeduction u/s 10B for the Pune Unit without adjusting the loss of Nashik Unit - whether the deduction under section 10B of the Act has to be allowed Unit wise or after aggregating the profit/loss of both the Units? - HELD THAT:- Facts being identical and no contrary decision on the issue having been brought to our notice by the learned Departmental Representative, respectfully following the aforesaid decision of the Co–ordinate Bench in assessee’s own case [2012 (1) TMI 372 - ITAT MUMBAI] , we direct the A.O. to allow assessee’s claim of deduction u/s 10B of the Act for the Pune Unit without adjusting the loss of Nashik Unit. Accordingly, grounds are allowed.
|