https://www.taxtmi.com/caselaws?id=287767 The tribunal upheld the CIT(A)'s decision to allow the deduction under section 10B on the full export proceeds amount of Rs. 36,13,485/-, emphasizing the applicability of RBI circular No.91 and Section 155(11A) for amending assessment orders in cases of delayed receipt of export proceeds in convertible foreign exchange. The appeal against the deduction was dismissed, with the tribunal ruling in favor of the assessee due to the specific circumstances of the case related to the SEZ unit and the provisions allowing for adjustments in such situations. en-us Tue, 22 Mar 2011 00:00:00 +0530 Fri, 01 May 2020 13:12:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287767 The tribunal upheld the CIT(A)'s decision to allow the deduction under section 10B on the full export proceeds amount of Rs. 36,13,485/-, emphasizing the applicability of RBI circular No.91 and Section 155(11A) for amending assessment orders in cases of delayed receipt of export proceeds in convertible foreign exchange. The appeal against the deduction was dismissed, with the tribunal ruling in favor of the assessee due to the specific circumstances of the case related to the SEZ unit and the provisions allowing for adjustments in such situations. Case-Laws Income Tax Tue, 22 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287767