https://www.taxtmi.com/caselaws?id=332806 The ITAT Hyderabad allowed the appeal of the assessee, ruling that the disallowance of the 10A deduction claim did not constitute deliberate concealment or furnishing inaccurate particulars. The ITAT emphasized that the claim was made in good faith based on statutory provisions and previous eligibility, leading to the cancellation of the penalty imposed under section 271(1)(c) by the CIT(A). en-us Thu, 30 Jun 2016 00:00:00 +0530 Tue, 27 Sep 2016 12:01:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332806 The ITAT Hyderabad allowed the appeal of the assessee, ruling that the disallowance of the 10A deduction claim did not constitute deliberate concealment or furnishing inaccurate particulars. The ITAT emphasized that the claim was made in good faith based on statutory provisions and previous eligibility, leading to the cancellation of the penalty imposed under section 271(1)(c) by the CIT(A). Case-Laws Income Tax Thu, 30 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332806