https://www.taxtmi.com/caselaws?id=10568 Delayed receipt of export proceeds under section 80HHC(2)(a) required fresh consideration where the assessee explained the delay by reference to industry slackness, financial crisis and the Asian currency crisis. The Court found the rejection order unduly rigid because it demanded proof beyond the explanation already on record, despite materials suggesting delay beyond the assessee's control. The impugned order was set aside and the application was remitted to the Commissioner for reconsideration in accordance with law. en-us Tue, 05 Apr 2005 00:00:00 +0530 Fri, 17 Jul 2009 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10568 Delayed receipt of export proceeds under section 80HHC(2)(a) required fresh consideration where the assessee explained the delay by reference to industry slackness, financial crisis and the Asian currency crisis. The Court found the rejection order unduly rigid because it demanded proof beyond the explanation already on record, despite materials suggesting delay beyond the assessee's control. The impugned order was set aside and the application was remitted to the Commissioner for reconsideration in accordance with law. Case-Laws Income Tax Tue, 05 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10568