Maintaining of separate books not required for claiming deduction u/s 10A/ 10AA

IBM India Private Limited Vs Asst.CIT (ITAT Bangalore) Held that there is no requirement for maintaining separate books of account for claiming deduction under section 10A/10AA of the Act, and books of account maintained by assessee is sufficient to enable computation of profits of various SEZ units. Facts- The assessee herein is a group company of M/s IBM Organisation. It functions include providing services to its group companies and undertaking distribution of group company’s products. It is engaged in the business of trading, leasing and financing of computer hardware, maintenance of com...