Tuesday, April 7, 2020

Deductions U/Ss. 10A/10B for EOUs should be made while Computing Gross Total Income: Madras HC [Read Judgment]

A two-judge bench of the Madras High Court has held that the deductions under sections 10A and 10B of the Income Tax Act, 1961 should be calculated while the computation of gross total income and not while the computation of total income. The High Court allowed the appeal filed by the M/s. Comstar Automotive Technologies […]

The post Deductions U/Ss. 10A/10B for EOUs should be made while Computing Gross Total Income: Madras HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.



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