https://www.taxtmi.com/caselaws?id=395820 The Tribunal dismissed both the revenue's and the assessee's appeals, upholding the CIT(A)'s decision to allow the deduction under section 10A/10AA on enhanced profits due to disallowance under section 40(a)(i). The Tribunal did not address the validity of the reassessment proceedings or the chargeability of payments to tax, as the dismissal of the revenue's appeal resolved the matter. These issues were left open for future adjudication if necessary. en-us Wed, 03 Jun 2020 00:00:00 +0530 Mon, 28 Dec 2020 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395820 The Tribunal dismissed both the revenue's and the assessee's appeals, upholding the CIT(A)'s decision to allow the deduction under section 10A/10AA on enhanced profits due to disallowance under section 40(a)(i). The Tribunal did not address the validity of the reassessment proceedings or the chargeability of payments to tax, as the dismissal of the revenue's appeal resolved the matter. These issues were left open for future adjudication if necessary. Case-Laws Income Tax Wed, 03 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395820