https://www.taxtmi.com/caselaws?id=399013 The High Court upheld the decisions of the Income Tax Appellate Tribunal, affirming the assessee's entitlement to deductions under Section 80 IA and benefits under Section 10AA. The Court found the assessee qualified as an entrepreneur, meeting the criteria for deductions under Section 80 IA, and eligible for benefits under Section 10AA, despite initial challenges and penalties. The Court emphasized compliance with legal provisions and clarifications provided during the legal proceedings, ultimately dismissing the appeals filed by the Revenue. en-us Wed, 09 Sep 2020 00:00:00 +0530 Wed, 30 Sep 2020 13:09:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399013 The High Court upheld the decisions of the Income Tax Appellate Tribunal, affirming the assessee's entitlement to deductions under Section 80 IA and benefits under Section 10AA. The Court found the assessee qualified as an entrepreneur, meeting the criteria for deductions under Section 80 IA, and eligible for benefits under Section 10AA, despite initial challenges and penalties. The Court emphasized compliance with legal provisions and clarifications provided during the legal proceedings, ultimately dismissing the appeals filed by the Revenue. Case-Laws Income Tax Wed, 09 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399013