https://www.taxtmi.com/caselaws?id=244801 Deduction under section 10A was available where the assessee, a 100% EOU approved by STPI, raised the claim during assessment proceedings and filed the prescribed audit report before completion of assessment, even though the original return had claimed section 10B and no revised return was filed. The tribunal distinguished Goetze (India) because this was an alternate claim by an otherwise eligible assessee that satisfied the statutory conditions within the assessment process. The Revenue's objection failed, and the Assessing Officer was directed to verify quantification and compliance and then allow the deduction after giving the assessee a reasonable opportunity of being heard. en-us Wed, 19 Feb 2014 00:00:00 +0530 Tue, 04 Mar 2014 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244801 Deduction under section 10A was available where the assessee, a 100% EOU approved by STPI, raised the claim during assessment proceedings and filed the prescribed audit report before completion of assessment, even though the original return had claimed section 10B and no revised return was filed. The tribunal distinguished Goetze (India) because this was an alternate claim by an otherwise eligible assessee that satisfied the statutory conditions within the assessment process. The Revenue's objection failed, and the Assessing Officer was directed to verify quantification and compliance and then allow the deduction after giving the assessee a reasonable opportunity of being heard. Case-Laws Income Tax Wed, 19 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244801