https://www.taxtmi.com/caselaws?id=118502 The tribunal ruled in favor of the assessee, holding that they were entitled to a deduction under section 80HHF of the Income-tax Act, 1961. The tribunal found that the assessee had transferred television software rights to Yashraj Films International Limited, UK, and received consideration in convertible foreign exchange, meeting the requirements for the deduction. Despite inconsistencies in earlier decisions by the CIT(A), the tribunal emphasized the importance of maintaining consistency in appellate decisions. The tribunal directed the Assessing Officer to delete the disallowance of the deduction, ultimately allowing the appeal in favor of the assessee. en-us Fri, 27 Jan 2006 00:00:00 +0530 Mon, 02 Jul 2012 13:16:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118502 The tribunal ruled in favor of the assessee, holding that they were entitled to a deduction under section 80HHF of the Income-tax Act, 1961. The tribunal found that the assessee had transferred television software rights to Yashraj Films International Limited, UK, and received consideration in convertible foreign exchange, meeting the requirements for the deduction. Despite inconsistencies in earlier decisions by the CIT(A), the tribunal emphasized the importance of maintaining consistency in appellate decisions. The tribunal directed the Assessing Officer to delete the disallowance of the deduction, ultimately allowing the appeal in favor of the assessee. Case-Laws Income Tax Fri, 27 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118502