https://www.taxtmi.com/caselaws?id=236943 The Court upheld the Income Tax Appellate Tribunal's decision to grant the assessee deduction under Section 10A of the Income Tax Act, 1961, instead of Section 10B, as the entire business was transferred, meeting the necessary conditions. The Tribunal's ruling was affirmed, rejecting the Revenue's arguments and confirming the assessee's eligibility for Section 10A benefits. The Court also supported the Tribunal's decision to grant relief under Section 10A, rendering the issue of Section 80HHE irrelevant in this case. The Revenue's appeal was dismissed, and the Tribunal's order was upheld. en-us Mon, 19 Aug 2013 00:00:00 +0530 Sat, 07 Dec 2013 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236943 The Court upheld the Income Tax Appellate Tribunal's decision to grant the assessee deduction under Section 10A of the Income Tax Act, 1961, instead of Section 10B, as the entire business was transferred, meeting the necessary conditions. The Tribunal's ruling was affirmed, rejecting the Revenue's arguments and confirming the assessee's eligibility for Section 10A benefits. The Court also supported the Tribunal's decision to grant relief under Section 10A, rendering the issue of Section 80HHE irrelevant in this case. The Revenue's appeal was dismissed, and the Tribunal's order was upheld. Case-Laws Income Tax Mon, 19 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236943