https://www.taxtmi.com/caselaws?id=271894 The Tribunal allowed the appeal of the assessee against the disallowance of the claim made under section 10A of the Income Tax Act for the assessment year 2007-08. The Tribunal held that the assessee's activities of collecting, processing, and exporting market data qualified as IT-enabled services, meeting the criteria for exemption under section 10A. Relying on Circulars issued by the CBDT and previous judgments, the Tribunal concluded that the assessee was eligible for the exemption, setting aside the lower authority's order and directing the Assessing Officer to grant the exemption. en-us Thu, 14 Jan 2016 00:00:00 +0530 Sat, 20 Feb 2016 10:18:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271894 The Tribunal allowed the appeal of the assessee against the disallowance of the claim made under section 10A of the Income Tax Act for the assessment year 2007-08. The Tribunal held that the assessee's activities of collecting, processing, and exporting market data qualified as IT-enabled services, meeting the criteria for exemption under section 10A. Relying on Circulars issued by the CBDT and previous judgments, the Tribunal concluded that the assessee was eligible for the exemption, setting aside the lower authority's order and directing the Assessing Officer to grant the exemption. Case-Laws Income Tax Thu, 14 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271894