https://www.taxtmi.com/caselaws?id=184616 The appeal was filed by the Revenue against the CIT(A)'s order for the assessment year 2009-10, challenging the exemption claimed under section 10A of the Income Tax Act, 1961. The Revenue raised concerns about the genuineness of expenses and suspected a setup for tax-free income. However, after thorough verification of evidence related to business activities, expenses, and qualified workforce, the CIT(A) upheld the claim, stating that the assessee met the conditions for exemption under section 10A. The Revenue's appeal was dismissed, affirming the CIT(A)'s decision based on verified facts and evidence. en-us Fri, 11 Dec 2015 00:00:00 +0530 Thu, 14 Jul 2016 13:00:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184616 The appeal was filed by the Revenue against the CIT(A)'s order for the assessment year 2009-10, challenging the exemption claimed under section 10A of the Income Tax Act, 1961. The Revenue raised concerns about the genuineness of expenses and suspected a setup for tax-free income. However, after thorough verification of evidence related to business activities, expenses, and qualified workforce, the CIT(A) upheld the claim, stating that the assessee met the conditions for exemption under section 10A. The Revenue's appeal was dismissed, affirming the CIT(A)'s decision based on verified facts and evidence. Case-Laws Income Tax Fri, 11 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184616