https://www.taxtmi.com/caselaws?id=35956 The High Court upheld the decision of the CBDT to refuse tax approval under s. 80-O of the Income Tax Act to a private limited company engaged in recruitment services. The Court determined that the company's activities did not qualify for the tax incentive as they did not involve providing industrial, commercial, or scientific knowledge outside India. Emphasizing the legislative intent to promote exporting know-how, the Court dismissed the petitioner's arguments and affirmed the denial of approval to prevent tax evasion. The petition was ultimately dismissed. en-us Fri, 13 Feb 1981 00:00:00 +0530 Thu, 18 Mar 2010 11:46:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35956 The High Court upheld the decision of the CBDT to refuse tax approval under s. 80-O of the Income Tax Act to a private limited company engaged in recruitment services. The Court determined that the company's activities did not qualify for the tax incentive as they did not involve providing industrial, commercial, or scientific knowledge outside India. Emphasizing the legislative intent to promote exporting know-how, the Court dismissed the petitioner's arguments and affirmed the denial of approval to prevent tax evasion. The petition was ultimately dismissed. Case-Laws Income Tax Fri, 13 Feb 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35956