Court Clarifies No Duplication in Deduction Claims u/ss 10B and 10A for Third-Party Transactions and Inter-Unit Transfers.

Deduction u/s 10B / 10A - transactions through third parties and inter-unit transfers - Duplication of claim of exemption - it is pertinent to mention here that the question of duplications in the fact situation of the case does not arise as each person can claim only on the value addition by him and the presumption that there can be duplication is contrary to the principle of computation of the income under the Act. .....

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