https://www.taxtmi.com/caselaws?id=425448 The Tribunal affirmed the CIT(A)'s decision, allowing the assessee's claim for exemption under section 10B for the assessment year 2011-12. The Tribunal found that the AO's objections were not substantial to disallow the exemption, emphasizing the consistency in treatment between the current and previous assessment years. The Tribunal upheld the CIT(A)'s order based on legal principles and precedents, dismissing the Revenue's appeal. en-us Tue, 12 Jul 2022 00:00:00 +0530 Sat, 23 Jul 2022 09:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425448 The Tribunal affirmed the CIT(A)'s decision, allowing the assessee's claim for exemption under section 10B for the assessment year 2011-12. The Tribunal found that the AO's objections were not substantial to disallow the exemption, emphasizing the consistency in treatment between the current and previous assessment years. The Tribunal upheld the CIT(A)'s order based on legal principles and precedents, dismissing the Revenue's appeal. Case-Laws Income Tax Tue, 12 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425448