https://www.taxtmi.com/caselaws?id=349717 The High Court upheld the Tribunal's decision directing the Assessing Officer to reconsider the claim for Section 10A benefit, despite the rejection of Section 10B benefit. The Court emphasized that statutory benefits under Section 10A cannot be denied based on an incorrect claim under Section 10B. Relying on the Tribunal's power under Section 254 and precedent, the Court found the Tribunal's interference with the Commissioner's order lawful. The Court dismissed the revenue's appeals, ruling in favor of the assessee and endorsing the Tribunal's decision for reassessment. en-us Tue, 10 Oct 2017 00:00:00 +0530 Sat, 18 Nov 2017 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349717 The High Court upheld the Tribunal's decision directing the Assessing Officer to reconsider the claim for Section 10A benefit, despite the rejection of Section 10B benefit. The Court emphasized that statutory benefits under Section 10A cannot be denied based on an incorrect claim under Section 10B. Relying on the Tribunal's power under Section 254 and precedent, the Court found the Tribunal's interference with the Commissioner's order lawful. The Court dismissed the revenue's appeals, ruling in favor of the assessee and endorsing the Tribunal's decision for reassessment. Case-Laws Income Tax Tue, 10 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349717