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<h1>Dismissal of Special Leave Petition due to Delay; Pending Applications Disposed</h1> The Supreme Court of India dismissed the Special Leave Petition after condoning the delay due to the respondent's non-appearance. Pending applications ... Benefit of deduction u/s 10AA - modernization of existing unit or new undertaking - not the case of reconstruction of existing business but a totally new undertaking has started functioning - Held that:- SLP dismissed. The Supreme Court of India dismissed the Special Leave Petition after condoning the delay. No appearance was made by the respondent. Pending applications were disposed of accordingly. (2018 (7) TMI 804 - SC)