https://www.taxtmi.com/caselaws?id=244652 The Court upheld the ITAT's decision in a case involving the interpretation of Section 10A of the Income Tax Act. The dispute centered on the deduction of income from software exports and the commencement of production. The Court rejected the Revenue's argument that the benefit under Section 10A should not apply due to the timing of production commencement. Emphasizing the provisions of Section 10A, the Court affirmed that the benefit extends for ten years from the relevant assessment year when production begins. Referring to relevant case law, the Court dismissed the appeal, finding no error in following the previous decision. en-us Tue, 04 Feb 2014 00:00:00 +0530 Tue, 08 Mar 2016 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244652 The Court upheld the ITAT's decision in a case involving the interpretation of Section 10A of the Income Tax Act. The dispute centered on the deduction of income from software exports and the commencement of production. The Court rejected the Revenue's argument that the benefit under Section 10A should not apply due to the timing of production commencement. Emphasizing the provisions of Section 10A, the Court affirmed that the benefit extends for ten years from the relevant assessment year when production begins. Referring to relevant case law, the Court dismissed the appeal, finding no error in following the previous decision. Case-Laws Income Tax Tue, 04 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244652