https://www.taxtmi.com/caselaws?id=243011 The Revenue's appeals challenging the disallowance of deductions under Section 10A and other expenses were dismissed. The assessee's appeal regarding the deduction amount was partly allowed. The Tribunal upheld the CIT(A)'s decision to grant the Section 10A deduction after verifying the required documents. Additionally, the Tribunal reversed the disallowance of vehicle maintenance, general expenses, conveyance, and traveling expenses, emphasizing the audited nature of the assessee's accounts. The Tribunal also held that rectification under Section 154 for late filing of return cannot withdraw a deduction, dismissing the Revenue's appeal on this issue. en-us Wed, 22 Jan 2014 00:00:00 +0530 Sat, 25 Jan 2014 15:09:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243011 The Revenue's appeals challenging the disallowance of deductions under Section 10A and other expenses were dismissed. The assessee's appeal regarding the deduction amount was partly allowed. The Tribunal upheld the CIT(A)'s decision to grant the Section 10A deduction after verifying the required documents. Additionally, the Tribunal reversed the disallowance of vehicle maintenance, general expenses, conveyance, and traveling expenses, emphasizing the audited nature of the assessee's accounts. The Tribunal also held that rectification under Section 154 for late filing of return cannot withdraw a deduction, dismissing the Revenue's appeal on this issue. Case-Laws Income Tax Wed, 22 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243011