https://www.taxtmi.com/caselaws?id=355084 The ITAT held that the CIT(A) erred in allowing the alternate deduction claim under section 10A while ignoring the distinct conditions for sections 10A and 10B. The ITAT emphasized the need for proper justification and record of reasons for judicial orders. The impugned order was set aside, and the issues were remitted to the AO for fresh consideration, directing the assessee to provide necessary documentation. Both Revenue Appeals were allowed for statistical purposes, and the matters were sent back to the AO for reevaluation. en-us Mon, 05 Feb 2018 00:00:00 +0530 Sat, 02 Jun 2018 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355084 The ITAT held that the CIT(A) erred in allowing the alternate deduction claim under section 10A while ignoring the distinct conditions for sections 10A and 10B. The ITAT emphasized the need for proper justification and record of reasons for judicial orders. The impugned order was set aside, and the issues were remitted to the AO for fresh consideration, directing the assessee to provide necessary documentation. Both Revenue Appeals were allowed for statistical purposes, and the matters were sent back to the AO for reevaluation. Case-Laws Income Tax Mon, 05 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355084