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2014 (3) TMI 257 - ITAT HYDERABADAllowability of claim of deduction u/s 10A of the Act – Held that:- The decision in ITO, W-10(1), Hyderabad Versus M/s. Intrack Inc Ranigunj Circle, Secunderabad[2014 (2) TMI 884 - ITAT HYDERABAD] followed – the assessee was not eligible for deduction under section 10B and therefore, made an alternate claim for deduction under section 10A for which it was eligible - Assessee also filed relevant auditor certificate and complied with the provisions - AO should not have denied the claim when assessee is otherwise eligible - assessee is eligible for deduction under section 10A, has complied with the requirements of filing Form 50F before the A.O. during the assessment – thus, the AO is directed to allow the deduction under section 10A after verifying the quantification of the amount and compliance with the provisions of Law and after giving a reasonable opportunity of being heard to the assessee as directed by the CIT(A) – Decided against Revenue.
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