Allowing the appeal of the assessee the Tribunal held that Profit of eligible unit should be allowed without set off of loss of other units . Followed CIT v. Yokogawa India Ltd (2017) 391 ITR 274(SC) ( ITA No. 7574 /Mum/ 2019 dt 4-3 -2020) (AY. 2011-12)
Genesys International corporation Ltd v DICIT ( 2020) BCAJ -April – 34 ( Mum) (Tri)
S. 10AA : Special economic zones – Profit of eligible unit should be allowed without set off of loss of other units [ S.72 ]