https://www.taxtmi.com/caselaws?id=260510 The appeal was partly allowed by the ITAT, remitting the issues of exemption u/s 10B and 10A back to the AO for reevaluation. The company's claim for exemption u/s 10B was rejected due to lack of approval by the Interministerial Standing Committee, but the ITAT directed a review considering the company's eligibility for deduction u/s 10A. The company's additional ground for exemption u/s 10A was initially dismissed by the CIT(A) but was later deemed valid by the ITAT, emphasizing the company's right to be heard. en-us Fri, 10 Oct 2014 00:00:00 +0530 Fri, 31 Oct 2014 18:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260510 The appeal was partly allowed by the ITAT, remitting the issues of exemption u/s 10B and 10A back to the AO for reevaluation. The company's claim for exemption u/s 10B was rejected due to lack of approval by the Interministerial Standing Committee, but the ITAT directed a review considering the company's eligibility for deduction u/s 10A. The company's additional ground for exemption u/s 10A was initially dismissed by the CIT(A) but was later deemed valid by the ITAT, emphasizing the company's right to be heard. Case-Laws Income Tax Fri, 10 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260510