![Losses incurred by eligible units can’t be set off against income of other units: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Losses-eligible-units-income-of-other-units-ITAT-Taxscan-1.jpg "Losses incurred by eligible units can’t be set off against income of other units: ITAT [Read Order]")
Losses incurred by eligible units can’t be set off against income of other units: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that losses incurred by eligible units under Section 10B can not be set off against income...
![Sale of Scrap not includible in Total Turnover or Local Turnover as It is not assessee’s Main Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/03/Sale-of-Scrap-Tax-Scan.jpg "Sale of Scrap not includible in Total Turnover or Local Turnover as It is not assessee’s Main Business: ITAT [Read Order]")
![Re-Assessment can’t be done merely because some Aspects of Deduction Claim was not Examined in Original Assessment: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/02/Re-Assessment.jpg "Re-Assessment can’t be done merely because some Aspects of Deduction Claim was not Examined in Original Assessment: Gujarat HC [Read Judgment]")
![Approval by a Commissioner of STPI should be construed as approval of Board for allowing S. 10B Relief: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/ITAT-Taxscan.jpg "Approval by a Commissioner of STPI should be construed as approval of Board for allowing S. 10B Relief: ITAT [Read Order]")
![Apportioning R & D Expenditure and ESOP cost to Units which Claimed Exemption u/s 10B, 80IB and 80IC not justified: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/ITAT-Exemption-Taxscan.jpg "Apportioning R & D Expenditure and ESOP cost to Units which Claimed Exemption u/s 10B, 80IB and 80IC not justified: ITAT [Read Order]")
Activity of Preparation of Dossier Amount to Manufacture u/s 10B: ITAT allows Deduction [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) in the case of Strides Shasun Ltd. v. The ACIT held that the activity of preparation of dossier amounts to manufacture under Section 10B...
![Activity of Preparation of Dossier Amount to Manufacture u/s 10B: ITAT allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Deduction-Taxscan.jpg "Activity of Preparation of Dossier Amount to Manufacture u/s 10B: ITAT allows Deduction [Read Order]")
Interest from Margin Money earned on Deposits made for availing Credit facility from Bank eligible for S.10B Deduction: ITAT [Read Order]
In M/s. Tea Promoters (India) (P) Ltd. vs. A.C.I.T, the Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) held that interest income derived from margin money earned on deposits made for...
Assessee Registered under the STPI as a 100% EOU is entitled for Deduction u/s 10B: ITAT [Read Order]
While dismissing revenue’s appeal, the Hyderabad bench of Income Tax Appellate Tribunal (ITAT) has declared that assessee is entitled for deduction under Section 10B of the Income Tax Act 1961 even...
![Assessee Registered under the STPI as a 100% EOU is entitled for Deduction u/s 10B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Deduction-Section-10B-Taxscan.jpg "Assessee Registered under the STPI as a 100% EOU is entitled for Deduction u/s 10B: ITAT [Read Order]")
Denial of Exemption under s. 10B can’t be a reason for denying Benefit of s. 10A under IT Act: Kerala HC [Read Judgment]
Justices Antony Dominic and Dama Seshadri Naidu of Kerala High Court, in CIT v. M/S Flytxt Technology P. Ltd. Technopark Campus, Kariavattom, held that exemption under section 10B of the Income Tax...
![Denial of Exemption under s. 10B can’t be a reason for denying Benefit of s. 10A under IT Act: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/Kerala-High-Court-Taxscan.jpg "Denial of Exemption under s. 10B can’t be a reason for denying Benefit of s. 10A under IT Act: Kerala HC [Read Judgment]")