Category: Section 10A

Madras H.C : Section 10B(6) was attracted and deduction under Section 10B was to be computed without setting off of any carried forward losses and unabsorbed depreciation of the earlier assessment years

High Court Of Madras Intimate Fashions (India) P. Ltd. vs. Assistant Commissioner Ofincome Tax Section 10A, 10A(1), 10A(1A), 10A(4), 10A(6), 10B, 10B(4), 10B(6), 30 to 43D, 32(2), 70, 72 and 74, 260A, 263 Asst. Year 2003-04 S. Sivagnanam & V. Bhavani Subbaroyan, JJ. Tax Case Appeal Nos. 1456 & 1169 of 2008 11th January, 2019 Counsel …
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Karnataka H.C : The statute allows exclusion of such expenditure expressly only from the Export Turnover by way of specific definition of export turnover defined in the Act, while there is no specific provision in Section 10A warranting exclusion of the above expenses from the Total Turnover

High Court Of Karnataka Pr.CIT And Anr. vs. M/S Sasken Communication Technologies Ltd. Section 10A, 10A(1), 10A(2), 10A(3), 10A(4), 10A(6), 10B, 56, 80HHC, 80HHE, 260-A and Section 2(18) of Customs Act, 1962 Asst. Year 2005-06 Dinesh Maheshwari, CJ. & S.G. Pandit, J. I.T.A. Nos.44-45 OF 2016 31st October, 2018 Counsel Appeared: E.I. Sanmathi, Adv. for the …
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S.C : The software development charges are to be excluded while working out the deduction admissible under Section 10A of the IT Act on the ground that such charges are relatable towards expenses incurred on providing technical services outside India

Supreme Court Of India CIT vs. HCL Technologies Ltd. Section 10A, 80HHC and 80HHE R. K. Agrawal & R. Banumathi, JJ. Civil Appeal Nos. 8489-8490 OF 2013, 8535 of 2013, 8555-8556 of 2013, 7853 of 2012, 8789 of 2012, 8559 of 2013 24th April, 2018 R. K. AGRAWAL, J. Leave granted. These appeals have been filed …
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Delhi H.C : Reassessment to disallow expenditure under section 14A was unjustified when dividend income was not exempt during year

High Court Of Delhi HCL Technologies Ltd. vs. DCIT, Central Circle-2 Section 14A, 147, 10A Assessment year 2003-04 Muralidhar And Prathiba M. Singh, JJ. W.P. (C) No. 8164 Of 2010 July  20, 2017 ORDER Dr. S. Muralidhar, J. – This writ petition by HCL Technologies Limited (‘the Assessee’) challenges a notice dated 30th March, 2010 issued by …
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Delhi H.C : On basis of reports of STPI and Export Promotion Council, that assessee ‘manufactured, produced and exported software’, it could claim exemption under section 10A or 10B

High Court Of Delhi Pr. CIT, Delhi-1 vs. Amadeus India (P.) Ltd. Section 10A Assessment year 2009-10 Dr. S. Muralidhar And Vinod Goel, JJ. IT Appeal Nos. 154 & 330 Of 2017 May  22, 2017 ORDER Dr. S. Muralidhar, J. – These are two appeals by the Revenue under Section 260A of the Income Tax Act, 1961 …
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Bombay H.C : the assessee was entitled to an exemption in respect of the profits derived from the STP undertaking on the basis that the conditions of Section 10A(2) are fulfilled

High Court Of Bombay CIT, City-VII, Mumbai vs. Sonata Software Ltd. Section : 10A Dr. D.Y. Chandrachud And M.S. Sanklecha, JJ. IT Appeal No. 311 Of 2004 March 6, 2012 JUDGMENT DR. D.Y. Chandrachud, J. – This appeal by the Revenue under Section 260A of the Income Tax Act, 1961 arises from a decision of the …
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Bombay H.C : Reopening of assessment to disallow section 10A exemption was justified where materials on record revealed that units of assessee were not independent units

High Court Of Bombay Siemens Information Systems Ltd. vs. ACIT, Range-7(2) Assessment Year : 2004-05 Section : 10A, 147 Dr. D.Y. Chandrachud And M.S. Sanklecha, JJ. Writ Petition (Lodg.) No. 2606 Of 2011 February 9, 2012 JUDGMENT Dr. D.Y. Chandrachud, J. – The challenge in these proceedings is to – (i) a notice issued by the …
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S.C : Section 10A of the Act is beyond the purview of the computation mechanism of total income as defined under the Act. Consequently, is the income of a Section 10A unit required to be excluded before arriving at the gross total income of the assessee

Supreme Court Of India CIT vs. Yokogawa India Ltd. Ranjan Gogoi And Prafulla C. Pant, JJ. Section 10A Civil Appeal Nos. 8498 Of 2013 & Others December 16, 2016 JUDGMENT Ranjan Gogoi, J. – Leave granted in all the special leave petitions. 2. The true and correct meaning and effect of the provisions of Section 10A …
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Madras H.C : Non-filing of the audit report along with return of income for the assessment year 2005-06, to substantiate the claim of exemption under Section 10A/10B of the Act and proceeded to levy penalty

High Court Of Madras Sella Synergy India (P.) Ltd. vs. ITO, Company Circle Vi (2) Chennai Section 10A, 10B, 147 Assessment Year 2005-06 T.S. Sivagnanam, J. W.P. No. 1781 Of 2008 August 1, 2016 ORDER 1. Heard Mr. M.V. Swaroop, learned counsel appearing for the petitioner and Mr. J. Narayanaswamy, learned Standing counsel appearing for the …
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