https://www.taxtmi.com/caselaws?id=237863 The tax appeal challenging the disallowance under Section 10A of the Income Tax Act was dismissed. Both the CIT(Appeals) and the Tribunal ruled in favor of the assessee, finding the denial of the Section 10A benefit unjustified. The Assessing Officer's treatment of the transactions as unexplained cash credit under Section 68 was overturned based on evidence of software export and supporting documents. The judgments concluded that the transactions were genuine, supported by evidence, and there was no legal or factual basis to challenge the findings in favor of the assessee. en-us Mon, 25 Feb 2013 00:00:00 +0530 Mon, 07 Oct 2013 22:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237863 The tax appeal challenging the disallowance under Section 10A of the Income Tax Act was dismissed. Both the CIT(Appeals) and the Tribunal ruled in favor of the assessee, finding the denial of the Section 10A benefit unjustified. The Assessing Officer's treatment of the transactions as unexplained cash credit under Section 68 was overturned based on evidence of software export and supporting documents. The judgments concluded that the transactions were genuine, supported by evidence, and there was no legal or factual basis to challenge the findings in favor of the assessee. Case-Laws Income Tax Mon, 25 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237863