that the impugned
order only states that claim of deduction under Section 10AA of the Act
needs to be verified and it is likely ... incorrect as
it states that the assessee has claimed deduction under Section 10AA of the
Act for Rs.10,95,87,033/- and this
issue concerning the claim of the respondent/assessee
for deduction under Section 10AA of the Income Tax Act, 1961 [in
short ... before adjusting deduction claimed under Section 10AA of the 1961 Act,
amounting to Rs.14,81,52,422/-. The respondent/assessee, thus, pegged its
Signature
Economic
Zone (SEZ) income from which was claimed as exempt under Section 10AA
of the Act for a period of ten years commencing from ... Year 2013-14, citing clause (ii) to sub-section (4) to Section 10AA of the
Act.
4. The issue and question raised by the Revenue
have failed to do so under the provisions of S.10A, S.10AA, S.10B, S.10BA
or any other provision of Chapter ... mind, the legislature
imposed three conditions for claiming deduction under S.10A, 10AA, 10B,
10BA, or Chapter VI-A:
(i) If a deduction in respect
government employees so as to attract the
provisions of Section 10(10AA)(i) of IT Act, entitling them to full
tax exemption on leave encashment ... exempted under Section 10 (10 AA) of the IT Act. Sub- section 10AA of
Section 10 of the Income Tax reads as follows:
"(10AA
which raise similar issues concerning the
interpretation of Section 10A and Section 10AA of the Act.
2. ITA No.154/2017 is directed against ... ITAT regarding the eligibility of the Assessee to deduction
under Section 10AA of the Act.
34. The facts were that the Assessee/Inter Globe
Notwithstanding anything to the contrary contained
in section 10A or section 10AA or section 1 0B or section
10BA or in any provisions of this ... return of income for any deduction under section 10A or
section 10AA or section 10B or section 10BA or under
any provision of this Chapter
return of income for
any deduction under Section 10A or Section 10AA or Section 10B or
section 10BA or under any provision of this Chapter ... shall not be allowed
under any provisions of section 10A or section 10AA or section
10B or section 10BA or under any provisions of Chapter
raising various queries with
regard to non-filing of Form No.10AA before the prescribed authority as
required under Section ... those queries by
furnishing requisite particulars, also tried to file Form No.10AA on 29th March
2006 and 30th March 2006 in the office
articles or
things or providing any services referred to in section
10AA of that Act, in a case where the letter of approval,
required
