https://www.taxtmi.com/caselaws?id=329581 The tribunal found that the Commissioner of Income Tax's decision to invoke Section 263 to revise the assessment order was unjustified as the Assessing Officer had already considered the issue thoroughly. The tribunal also upheld the eligibility of the assessee for deduction under Section 10B for onsite software development subcontracted to associated enterprises. Additionally, the tribunal disagreed with the Commissioner's computation method for disallowance under Section 10A/10B. Consequently, the tribunal set aside the revision order and ruled in favor of the assessee, rendering the revision order ineffective. en-us Fri, 24 Jun 2016 00:00:00 +0530 Wed, 06 Jul 2016 04:04:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329581 The tribunal found that the Commissioner of Income Tax's decision to invoke Section 263 to revise the assessment order was unjustified as the Assessing Officer had already considered the issue thoroughly. The tribunal also upheld the eligibility of the assessee for deduction under Section 10B for onsite software development subcontracted to associated enterprises. Additionally, the tribunal disagreed with the Commissioner's computation method for disallowance under Section 10A/10B. Consequently, the tribunal set aside the revision order and ruled in favor of the assessee, rendering the revision order ineffective. Case-Laws Income Tax Fri, 24 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329581