https://www.taxtmi.com/caselaws?id=200867 The Appellate Tribunal ITAT Bangalore ruled in favor of a partnership firm regarding the denial of deduction under Section 10B of the Income Tax Act for the Assessment Years 2009-10 to 2011-12. The Tribunal held that the location of processing outside the bounded area did not disqualify the firm from claiming the deduction under Section 10B. Consequently, the firm's appeals were allowed, and the issue of charging interest under Sections 234B & 234C was considered consequential and not separately addressed. en-us Fri, 03 Mar 2017 00:00:00 +0530 Wed, 02 May 2018 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200867 The Appellate Tribunal ITAT Bangalore ruled in favor of a partnership firm regarding the denial of deduction under Section 10B of the Income Tax Act for the Assessment Years 2009-10 to 2011-12. The Tribunal held that the location of processing outside the bounded area did not disqualify the firm from claiming the deduction under Section 10B. Consequently, the firm's appeals were allowed, and the issue of charging interest under Sections 234B & 234C was considered consequential and not separately addressed. Case-Laws Income Tax Fri, 03 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200867