https://www.taxtmi.com/caselaws?id=208632 The High Court held that the appellant did not meet the criteria for claiming a deduction under section 10B of the Income-tax Act. The delivery of goods within India, even to an agent of a foreign buyer, did not constitute an export. The Court affirmed the decisions of lower authorities, dismissing the appeal. It emphasized that both the actual export of goods and receipt of payment in foreign exchange are essential to qualify for the deduction under section 10B. en-us Tue, 26 Apr 2011 00:00:00 +0530 Mon, 17 Dec 2012 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208632 The High Court held that the appellant did not meet the criteria for claiming a deduction under section 10B of the Income-tax Act. The delivery of goods within India, even to an agent of a foreign buyer, did not constitute an export. The Court affirmed the decisions of lower authorities, dismissing the appeal. It emphasized that both the actual export of goods and receipt of payment in foreign exchange are essential to qualify for the deduction under section 10B. Case-Laws Income Tax Tue, 26 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208632