https://www.taxtmi.com/caselaws?id=209791 The Tribunal partially allowed the revenue's appeals related to assessment years 2002-03 to 2006-07. It emphasized compliance with RBI regulations and the timely transfer of work in progress to qualify for the section 10A deduction. The Appeals Tribunal clarified that work in progress/future receivables are not eligible for exemption under section 10A until realized and transferred to the Wholly Owned Subsidiary within the extended time approved by RBI. en-us Thu, 21 Apr 2011 00:00:00 +0530 Fri, 10 Feb 2012 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209791 The Tribunal partially allowed the revenue's appeals related to assessment years 2002-03 to 2006-07. It emphasized compliance with RBI regulations and the timely transfer of work in progress to qualify for the section 10A deduction. The Appeals Tribunal clarified that work in progress/future receivables are not eligible for exemption under section 10A until realized and transferred to the Wholly Owned Subsidiary within the extended time approved by RBI. Case-Laws Income Tax Thu, 21 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209791