https://www.taxtmi.com/highlights?id=56413 Exemption u/s 10B - failure to receive the convertible foreign exchange within the stipulated period - Since the appellant had sought for the approval from the RBI only in the year 2007, the said correspondence shall not be helpful to the appellant in any manner whatsoever for the reason that the subject matter of the appeal is pertaining to the assessment year 2004-05. Explanations 1 and 2 to section 10B(3) are applicable to the case on hand. - HC en-us Wed, 20 Jan 2021 14:24:06 +0530 Wed, 20 Jan 2021 14:24:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56413 Exemption u/s 10B - failure to receive the convertible foreign exchange within the stipulated period - Since the appellant had sought for the approval from the RBI only in the year 2007, the said correspondence shall not be helpful to the appellant in any manner whatsoever for the reason that the subject matter of the appeal is pertaining to the assessment year 2004-05. Explanations 1 and 2 to section 10B(3) are applicable to the case on hand. - HC Highlights Income Tax Wed, 20 Jan 2021 14:24:06 +0530 https://www.taxtmi.com/highlights?id=56413