ITAT directs AO to correct arithmetical error in Section 10AA deduction computation

Cognizant Technology Solutions India Pvt. Ltd. Vs ACIT (ITAT Chennai) The case of Cognizant Technology Solutions India Pvt. Ltd. vs ACIT involves an appeal against the assessment order for Assessment Year (AY) 2018-19. The appellant, Cognizant Technology Solutions India Pvt. Ltd., challenged the short grant of deduction under Section 10AA of the Income Tax Act and the short grant of advance tax and Tax Deducted at Source (TDS) belonging to amalgamated entities. 1. Grounds of Appeal: The appellant appealed against the assessment order, highlighting two main issues: the short grant of deduction ...