https://www.taxtmi.com/caselaws?id=414858 The Tribunal upheld the decision allowing the Assessee's claim for deduction under Section 10A, citing eligibility based on previous assessments. The court emphasized the duty of the revenue to consider alternative deductions when one is denied. However, the appeal by the Revenue challenging the disallowance of deduction under Section 10B was dismissed. The court ruled that without a revised return, the CIT(Appeals) should not have entertained the alternative plea for deduction under Section 10A, leading to the appeal being allowed in favor of the Revenue on this issue. en-us Mon, 06 Sep 2021 00:00:00 +0530 Thu, 18 Nov 2021 07:45:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414858 The Tribunal upheld the decision allowing the Assessee's claim for deduction under Section 10A, citing eligibility based on previous assessments. The court emphasized the duty of the revenue to consider alternative deductions when one is denied. However, the appeal by the Revenue challenging the disallowance of deduction under Section 10B was dismissed. The court ruled that without a revised return, the CIT(Appeals) should not have entertained the alternative plea for deduction under Section 10A, leading to the appeal being allowed in favor of the Revenue on this issue. Case-Laws Income Tax Mon, 06 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414858