https://www.taxtmi.com/caselaws?id=202767 The High Court ruled in favor of the assessee, allowing the deduction under Section 10A of the Act after previously claiming under Section 80HHE. The Court upheld the assessee's entitlement to the deduction based on presented facts. Additionally, the Court supported the assessee in proving compliance with bringing sale proceeds in convertible foreign exchange within the extended time. Concerning the exemption for the profit of the Japan Branch, the Court directed a fresh assessment, emphasizing the need for a proper analysis based on evidence and legal principles. en-us Fri, 24 Dec 2010 00:00:00 +0530 Thu, 14 Apr 2011 13:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202767 The High Court ruled in favor of the assessee, allowing the deduction under Section 10A of the Act after previously claiming under Section 80HHE. The Court upheld the assessee's entitlement to the deduction based on presented facts. Additionally, the Court supported the assessee in proving compliance with bringing sale proceeds in convertible foreign exchange within the extended time. Concerning the exemption for the profit of the Japan Branch, the Court directed a fresh assessment, emphasizing the need for a proper analysis based on evidence and legal principles. Case-Laws Income Tax Fri, 24 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202767