https://www.taxtmi.com/caselaws?id=463904 The dispute concerned whether the assessee's entitlement to deduction under Section 10B of the Income-tax Act, 1961 gave rise to any substantial question of law in appeal. The Bombay High Court noted that the Tribunal's conclusion rested on factual appreciation of the assessee's activities, the materials on record, and the absence of distinguishable contrary facts. It also relied on the Tribunal's earlier decision in the assessee's own case and found that the statutory conditions for deduction were satisfied. Because the Revenue did not effectively challenge that factual foundation, the challenge did not disclose any legal issue warranting interference, and the deduction was upheld. en-us Wed, 07 Jun 2023 00:00:00 +0530 Sat, 20 Sep 2025 13:47:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463904 The dispute concerned whether the assessee's entitlement to deduction under Section 10B of the Income-tax Act, 1961 gave rise to any substantial question of law in appeal. The Bombay High Court noted that the Tribunal's conclusion rested on factual appreciation of the assessee's activities, the materials on record, and the absence of distinguishable contrary facts. It also relied on the Tribunal's earlier decision in the assessee's own case and found that the statutory conditions for deduction were satisfied. Because the Revenue did not effectively challenge that factual foundation, the challenge did not disclose any legal issue warranting interference, and the deduction was upheld. Case-Laws Income Tax Wed, 07 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463904