https://www.taxtmi.com/caselaws?id=245988 The ITAT overturned the CIT(A)'s decision and reinstated the Assessing Officer's disallowance under section 10B for Assessment Year 2008-09, directing a reexamination under section 10A. The ITAT allowed the Revenue's appeal for the same year, remanding the matter for further assessment under section 10A. For Assessment Year 2009-10, the ITAT set aside the CIT(A)'s decision, remanding the claim for relief under section 10A for verification of foreign exchange realization, while upholding the non-availability of relief under section 10B. en-us Tue, 25 Mar 2014 00:00:00 +0530 Sun, 13 Apr 2014 17:20:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245988 The ITAT overturned the CIT(A)'s decision and reinstated the Assessing Officer's disallowance under section 10B for Assessment Year 2008-09, directing a reexamination under section 10A. The ITAT allowed the Revenue's appeal for the same year, remanding the matter for further assessment under section 10A. For Assessment Year 2009-10, the ITAT set aside the CIT(A)'s decision, remanding the claim for relief under section 10A for verification of foreign exchange realization, while upholding the non-availability of relief under section 10B. Case-Laws Income Tax Tue, 25 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245988