New provisions of section 10A provides for deduction & not exemption

IN THE ITAT PUNE BENCH ‘B’ Opus Software Solutions (P.) Ltd. versus Assistant Commissioner of Income-tax IT Appeal Nos. 466 (PN) of 2011 & 1179, 1205 & 1206 (PN) OF 2009 [Assessment years 2003-04, 2004-05 & 2007-08] July 27, 2012 ORDER G.S. Pannu, Accountant Member The captioned cross-appeals by the assessee and the Revenue involving some common issues were heard together and are being disposed of by way of a combined order for the sake of convenience and brevity. 2. We shall first take up assessee’s appeal vide ITA No 1179/PN/09 for the assessme...