https://www.taxtmi.com/caselaws?id=400624 The court ruled in favor of the assessee on various issues related to the allocation of overhead expenses, estimation of payments to sub-contractors, maintenance of separate accounts, double exemption for payments to sub-contractors, and compliance with the 75% export requirement under Section 10A of the Income Tax Act. The tribunal's decisions were upheld, except for the compliance issue, which was remitted back for fresh consideration. The court found in favor of the assessee on most issues, emphasizing the importance of meticulous evidence appreciation in determining tax liabilities. en-us Tue, 03 Nov 2020 00:00:00 +0530 Thu, 24 Dec 2020 17:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400624 The court ruled in favor of the assessee on various issues related to the allocation of overhead expenses, estimation of payments to sub-contractors, maintenance of separate accounts, double exemption for payments to sub-contractors, and compliance with the 75% export requirement under Section 10A of the Income Tax Act. The tribunal's decisions were upheld, except for the compliance issue, which was remitted back for fresh consideration. The court found in favor of the assessee on most issues, emphasizing the importance of meticulous evidence appreciation in determining tax liabilities. Case-Laws Income Tax Tue, 03 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400624