https://www.taxtmi.com/caselaws?id=279387 Deduction under Section 10B could not be denied merely because the approval letter was not produced when the export oriented undertaking certificate issued by the competent authority was already on record. The Assessing Officer's disallowance rested only on non-production of the Board approval letter, but the appellate authority and Tribunal treated the competent authority's certificate as sufficient for the statutory benefit. Applying the binding view, the Court held that absence of the approval letter by itself did not justify denial of the deduction. The disallowance was correctly deleted and no substantial question of law arose. en-us Mon, 23 Jul 2018 00:00:00 +0530 Fri, 15 Mar 2019 07:31:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279387 Deduction under Section 10B could not be denied merely because the approval letter was not produced when the export oriented undertaking certificate issued by the competent authority was already on record. The Assessing Officer's disallowance rested only on non-production of the Board approval letter, but the appellate authority and Tribunal treated the competent authority's certificate as sufficient for the statutory benefit. Applying the binding view, the Court held that absence of the approval letter by itself did not justify denial of the deduction. The disallowance was correctly deleted and no substantial question of law arose. Case-Laws Income Tax Mon, 23 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279387