https://www.taxtmi.com/caselaws?id=261903 The ITAT ruled in favor of the assessee, holding that the disallowance of part of the deduction claimed under Section 10A was not justified. The AO failed to conclusively prove that the profit earned was not at arm's length due to an arrangement with its AE. As the conditions of Section 80IA(10) were not fully met, the addition made by the AO was deleted. The appeal was decided in favor of the assessee on 30th June 2015. en-us Tue, 30 Jun 2015 00:00:00 +0530 Mon, 09 Nov 2015 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261903 The ITAT ruled in favor of the assessee, holding that the disallowance of part of the deduction claimed under Section 10A was not justified. The AO failed to conclusively prove that the profit earned was not at arm's length due to an arrangement with its AE. As the conditions of Section 80IA(10) were not fully met, the addition made by the AO was deleted. The appeal was decided in favor of the assessee on 30th June 2015. Case-Laws Income Tax Tue, 30 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261903