https://www.taxtmi.com/caselaws?id=209041 The tribunal dismissed the appeals, affirming the CIT(A)'s decision to deny the deduction under section 10B. The tribunal held that the assessee was not a successor to the undertaking but merely a lessee, and the lease arrangement did not qualify for the tax holiday. The tribunal also clarified that the Board Circular and the provisions of section 10B and section 80-I did not support the assessee's claim. en-us Fri, 18 Mar 2011 00:00:00 +0530 Thu, 01 Aug 2013 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209041 The tribunal dismissed the appeals, affirming the CIT(A)'s decision to deny the deduction under section 10B. The tribunal held that the assessee was not a successor to the undertaking but merely a lessee, and the lease arrangement did not qualify for the tax holiday. The tribunal also clarified that the Board Circular and the provisions of section 10B and section 80-I did not support the assessee's claim. Case-Laws Income Tax Fri, 18 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209041