https://www.taxtmi.com/caselaws?id=391413 The Tribunal allowed the assessee's claim for deduction under Section 10B for manufacturing activity but dismissed the claim for R&D services. The validity of the approval granted by the Development Commissioner and its ratification by the Board of Approval was upheld, relating back to the original approval date. The Tribunal partially allowed the revenue's appeal, directing the AO to verify the claim's bifurcation for the manufacturing and R&D segments. en-us Fri, 17 Jan 2020 00:00:00 +0530 Mon, 27 Jan 2020 07:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391413 The Tribunal allowed the assessee's claim for deduction under Section 10B for manufacturing activity but dismissed the claim for R&D services. The validity of the approval granted by the Development Commissioner and its ratification by the Board of Approval was upheld, relating back to the original approval date. The Tribunal partially allowed the revenue's appeal, directing the AO to verify the claim's bifurcation for the manufacturing and R&D segments. Case-Laws Income Tax Fri, 17 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391413