https://www.taxtmi.com/caselaws?id=336907 The court upheld the appellant's appeal, emphasizing that the condition in Section 10B regarding the receipt of export proceeds in foreign exchange should not be limited to actual receipts by the assessee, considering circumstances beyond the assessee's control. It was held that Section 10B should be construed liberally, and the court rejected the argument that it excludes amounts received by third parties or status holders. The appeal was dismissed as the court found no substantial question of law arising from the case. en-us Tue, 25 Oct 2016 00:00:00 +0530 Sat, 31 Dec 2016 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336907 The court upheld the appellant's appeal, emphasizing that the condition in Section 10B regarding the receipt of export proceeds in foreign exchange should not be limited to actual receipts by the assessee, considering circumstances beyond the assessee's control. It was held that Section 10B should be construed liberally, and the court rejected the argument that it excludes amounts received by third parties or status holders. The appeal was dismissed as the court found no substantial question of law arising from the case. Case-Laws Income Tax Tue, 25 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336907