https://www.taxtmi.com/caselaws?id=177486 The Tribunal upheld the CIT (A)'s order granting deduction u/s 10A of the Income Tax Act for the assessment year 2004-05. It found that the assessee, who brought back sale proceeds after six months and applied for an extension through City Bank, was entitled to the deduction. The Tribunal emphasized the duty of authorized dealers like City Bank to forward applications to the appropriate authority and confirmed that the decision not communicated to the assessee allowed them to claim the deduction u/s 10A. The revenue's appeal was dismissed. en-us Fri, 25 Jun 2010 00:00:00 +0530 Mon, 11 Jan 2016 12:17:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177486 The Tribunal upheld the CIT (A)'s order granting deduction u/s 10A of the Income Tax Act for the assessment year 2004-05. It found that the assessee, who brought back sale proceeds after six months and applied for an extension through City Bank, was entitled to the deduction. The Tribunal emphasized the duty of authorized dealers like City Bank to forward applications to the appropriate authority and confirmed that the decision not communicated to the assessee allowed them to claim the deduction u/s 10A. The revenue's appeal was dismissed. Case-Laws Income Tax Fri, 25 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177486