https://www.taxtmi.com/caselaws?id=241600 The assessee's appeal, delayed by 120 days, was admitted after the tribunal condoned the delay. The assessee, engaged in software development, claimed exemption under Section 10A, which was initially denied by the Assessing Officer but later allowed by the CIT(Appeals). The tribunal found the Assessing Officer's consideration of the revised computation and allowance of the claim to be correct, dismissing the CIT's invocation of Section 263. The Revenue's appeals regarding payment to a gratuity scheme and deduction for delayed remittance were remitted back for fresh consideration and dismissed, respectively. The assessee's appeal was allowed, and the Revenue's appeal was partly allowed for statistical purposes. en-us Thu, 07 Feb 2013 00:00:00 +0530 Fri, 27 Dec 2013 13:06:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241600 The assessee's appeal, delayed by 120 days, was admitted after the tribunal condoned the delay. The assessee, engaged in software development, claimed exemption under Section 10A, which was initially denied by the Assessing Officer but later allowed by the CIT(Appeals). The tribunal found the Assessing Officer's consideration of the revised computation and allowance of the claim to be correct, dismissing the CIT's invocation of Section 263. The Revenue's appeals regarding payment to a gratuity scheme and deduction for delayed remittance were remitted back for fresh consideration and dismissed, respectively. The assessee's appeal was allowed, and the Revenue's appeal was partly allowed for statistical purposes. Case-Laws Income Tax Thu, 07 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241600