Revision u/s 263 by CIT - whether the deduction u/s 10A is to be ...

Case Laws Income Tax

March 10, 2022

Revision u/s 263 by CIT - whether the deduction u/s 10A is to be computed after or before setting off of the losses / depreciation? - this court is of the opinion that the view of the Karnataka High Court that the deduction under Chapter VI A has to be made only after or subsequent to the brought forward depreciation allowances, seems to have been taken depending on that particular case and hence, the same cannot be straight away applicable to all the cases. - HC

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Revision u/s 263 by CIT - whether the deduction u/s 10A is to be ...

Case Laws Income Tax

March 10, 2022

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