Section 10A/10B deductions should be made from Gross Total Income instead of Total Income

Comstar Automative Technologies Vs DCIT (Madras High Court)

Conclusion: Deductions either under Section 10A or 10B would be made while computing the gross total income of the eligible undertaking and not at the stage of computation of the total income.

Held: Assessee was a 100% Export Oriented Undertaking (EOU). For the Assessment Year 2004-05, assessee filed a Return, declaring the taxable income of Rs.Nil after claiming deduction under Section 10B. Prof

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