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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Exemption u/s.10A has to be allowed without setting off brought ...


Exemption u/s 10A applies without offsetting past losses or depreciation from other units against export income.

April 27, 2016

Case Laws     Income Tax     AT

Exemption u/s.10A has to be allowed without setting off brought forward unabsorbed losses or depreciation from earlier assessment year or current assessment year either in the case of non STP or in the case of from some other undertakings, being so depreciation loss of other units cannot be set off against the income for the assessee from the export purpose.- AT

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