https://www.taxtmi.com/caselaws?id=421404 The Tribunal upheld the Ld.CIT(A)'s decision, dismissing the Revenue's appeal regarding the claim of deduction u/s.10B of the Income Tax Act for AYs 2010-11 & 2011-12. As the claim of deduction u/s.10B was allowed, the Tribunal did not address the alternate claim of deduction u/s.10A. The Tribunal also dismissed the Cross-Objections by the assessee, leaving the issue of re-opening as infructuous. Ultimately, the Tribunal upheld the Ld.CIT(A)'s decision on the claim of deduction u/s.10B, with the judgment pronounced on April 18, 2022, in Chennai. en-us Mon, 18 Apr 2022 00:00:00 +0530 Sat, 23 Apr 2022 08:35:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421404 The Tribunal upheld the Ld.CIT(A)'s decision, dismissing the Revenue's appeal regarding the claim of deduction u/s.10B of the Income Tax Act for AYs 2010-11 & 2011-12. As the claim of deduction u/s.10B was allowed, the Tribunal did not address the alternate claim of deduction u/s.10A. The Tribunal also dismissed the Cross-Objections by the assessee, leaving the issue of re-opening as infructuous. Ultimately, the Tribunal upheld the Ld.CIT(A)'s decision on the claim of deduction u/s.10B, with the judgment pronounced on April 18, 2022, in Chennai. Case-Laws Income Tax Mon, 18 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421404