Losses of non Section 10A units cannot be set off against profit of 10A unit

IN THE ITAT BANGALORE BENCH ‘A’ GE India Technology Centre (P.) Ltd. versus Deputy Director of Income-tax IT APPEAL NOs. 789 (BANG.) OF 2010 and 487 & 925 (Bang.) of 2011 [Assessment years 2004-05 to 2006-07] DECEMBER 31, 2012 ORDER P Madhavi Devi, Judicial Member These appeals are filed by the assessee. The relevant assessment years are 2004-05, 2005-06 and 2006-07. The appeals for the assessment years 2004-05, 2005-06 are directed against the order of the Commissioner of Income-tax – (Appeals) – IV at Bangalore dated 30.03.2010, while appeal for ...