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2021 (3) TMI 1133 - HC - Income TaxComputation of deduction u/s 10A - Interest expenditure incurred by the assessee are excluded form export turnover should also be excluded form total turnover - Whether Tribunal was right in holding that the assessee is eligible for deduction under section 10A as the assessee had not set up a new business buy only transferred its place of business of an existing business to a new place located in STPI area? - Tribunal held that the brought forward business loss and unabsorbed depreciation are to be set off only after grant of deduction under section 10A - HELD THAT:- Above questions of law are covered by the decision of this Court in M/S. SRA SYSTEMS LTD.[2021 (3) TMI 977 - MADRAS HIGH COURT] - Decided in favour of the assessee
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