https://www.taxtmi.com/caselaws?id=69446 The Tribunal allowed the appeal, granting the assessee the exemption under Section 10A of the IT Act for the assessment year 1999-2000. It determined that the conversion from a partnership firm to a private limited company was merely a change in ownership, not a new business or reconstruction. The STPI's letter validating the name change supported the continuity of the business, entitling the assessee to the exemption. The issue concerning Section 80HHE was considered academic and not addressed separately, as the Section 10A decision rendered it moot. en-us Fri, 21 Jul 2006 00:00:00 +0530 Tue, 20 Feb 2024 22:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69446 The Tribunal allowed the appeal, granting the assessee the exemption under Section 10A of the IT Act for the assessment year 1999-2000. It determined that the conversion from a partnership firm to a private limited company was merely a change in ownership, not a new business or reconstruction. The STPI's letter validating the name change supported the continuity of the business, entitling the assessee to the exemption. The issue concerning Section 80HHE was considered academic and not addressed separately, as the Section 10A decision rendered it moot. Case-Laws Income Tax Fri, 21 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69446