https://www.taxtmi.com/caselaws?id=247955 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s orders, directing the Assessing Officer to allow the full deduction under Section 10B of the Income Tax Act for the joint venture company. The Transfer Pricing adjustments related to clinical trial services were deleted as the functions were deemed exempt under Section 10B. The challenge against the cancellation of reassessment for a specific year was not adjudicated due to the deletion of additions on merits. The Revenue's appeals were dismissed. en-us Thu, 31 Oct 2013 00:00:00 +0530 Wed, 28 May 2014 09:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247955 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s orders, directing the Assessing Officer to allow the full deduction under Section 10B of the Income Tax Act for the joint venture company. The Transfer Pricing adjustments related to clinical trial services were deleted as the functions were deemed exempt under Section 10B. The challenge against the cancellation of reassessment for a specific year was not adjudicated due to the deletion of additions on merits. The Revenue's appeals were dismissed. Case-Laws Income Tax Thu, 31 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247955