https://www.taxtmi.com/caselaws?id=272134 The Appellate Tribunal upheld the CIT (Appeals) decision to delete an addition of Rs. 25,67,236 claimed exempt under section 10(8) of the Income-tax Act, 1961 for the assessment year 2009-10. The Tribunal found that the employer of the assessee was indirectly paid by the United States Agency for International Development, meeting the criteria for exemption. Emphasizing the agreement between the Governments of India and USA, the Tribunal dismissed the revenue's appeal, highlighting the importance of complying with specific conditions outlined in the law and previous judicial precedents. en-us Wed, 24 Feb 2016 00:00:00 +0530 Sat, 27 Feb 2016 09:11:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272134 The Appellate Tribunal upheld the CIT (Appeals) decision to delete an addition of Rs. 25,67,236 claimed exempt under section 10(8) of the Income-tax Act, 1961 for the assessment year 2009-10. The Tribunal found that the employer of the assessee was indirectly paid by the United States Agency for International Development, meeting the criteria for exemption. Emphasizing the agreement between the Governments of India and USA, the Tribunal dismissed the revenue's appeal, highlighting the importance of complying with specific conditions outlined in the law and previous judicial precedents. Case-Laws Income Tax Wed, 24 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272134