https://www.taxtmi.com/caselaws?id=256315 Deduction under section 10B was disallowed because the issue was already covered against the assessee by binding jurisdictional High Court precedent, and the Tribunal applied that ruling to sustain the Revenue's position. The assessee's cross objections seeking an alternative deduction under section 10A were held not maintainable because they raised a new claim not arising from the order under challenge and not decided against the assessee by the first appellate authority. The delay in filing the cross objections was nonetheless condoned on sufficient cause being shown, but the substantive alternative claim remained rejected. en-us Wed, 10 Dec 2014 00:00:00 +0530 Mon, 09 Feb 2015 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256315 Deduction under section 10B was disallowed because the issue was already covered against the assessee by binding jurisdictional High Court precedent, and the Tribunal applied that ruling to sustain the Revenue's position. The assessee's cross objections seeking an alternative deduction under section 10A were held not maintainable because they raised a new claim not arising from the order under challenge and not decided against the assessee by the first appellate authority. The delay in filing the cross objections was nonetheless condoned on sufficient cause being shown, but the substantive alternative claim remained rejected. Case-Laws Income Tax Wed, 10 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256315