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2014 (3) TMI 257 - AT - Income TaxAllowability 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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