https://www.taxtmi.com/caselaws?id=248600 The Tribunal allowed the deduction under section 10B of the Act for the appellant's export business involving customized electronic data, overturning the disallowance upheld by the Ld. CIT(A). The Tribunal referred to a previous decision in favor of the assessee for a similar issue. Additionally, the Tribunal considered the interest charged under section 234B as consequential and dismissed the appeals without separate adjudication. The orders of the lower authorities disallowing the deduction were set aside, with the decision pronounced on June 6, 2014. en-us Fri, 06 Jun 2014 00:00:00 +0530 Tue, 17 Jun 2014 23:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248600 The Tribunal allowed the deduction under section 10B of the Act for the appellant's export business involving customized electronic data, overturning the disallowance upheld by the Ld. CIT(A). The Tribunal referred to a previous decision in favor of the assessee for a similar issue. Additionally, the Tribunal considered the interest charged under section 234B as consequential and dismissed the appeals without separate adjudication. The orders of the lower authorities disallowing the deduction were set aside, with the decision pronounced on June 6, 2014. Case-Laws Income Tax Fri, 06 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248600