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Deduction U/s. 10B available before setting off of brought forward losses & unabsorbed depreciation
Case Law Details
- Case Name
- Assistant Commissioner of Income-tax Vs Charon Tec (P.) Ltd. (ITAT Chennai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2005-06
- Courts
- All ITAT, ITAT Chennai
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IN THE ITAT CHENNAI BENCH ‘A’
Assistant Commissioner of Income-tax
Versus
Charon Tec (P.) Ltd.
IT Appeal No. 1375 (Mds.) of 2008
[ASSESSMENT YEAR 2005-06]
NOVEMBER 14, 2012
ORDER
Vikas Awasthy, Judicial Member
The appeal has been preferred by the Revenue impugning the order of the Commissioner of Income-tax (Appeals)-VIII, Chennai, dated March 20, 2008.
2. The brief facts of the case are that the assessee is engaged in the business of electronic printing and data processing. The assessee filed its return of income relevant to the assessment year 2005-06 on October 28, 2005 disc...
