https://www.taxtmi.com/caselaws?id=437146 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision to allow the exemption claim under section 10(1) of the Income Tax Act. The Tribunal emphasized that the agricultural nature of the activities involved in seed production outweighed commercial aspects, citing consistency with previous decisions and jurisdictional High Court precedents. en-us Wed, 26 Apr 2023 00:00:00 +0530 Fri, 28 Apr 2023 08:41:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437146 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision to allow the exemption claim under section 10(1) of the Income Tax Act. The Tribunal emphasized that the agricultural nature of the activities involved in seed production outweighed commercial aspects, citing consistency with previous decisions and jurisdictional High Court precedents. Case-Laws Income Tax Wed, 26 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437146