https://www.taxtmi.com/caselaws?id=210422 HC allowed deduction under Section 80IA for income from internet services and internet telephony, holding the undertaking used new plant and machinery and was not formed by splitting up or reconstruction of an existing business. Section 80IA(3) did not disentitle the claimant because the undertaking commenced business before 1.4.2005. A change in shareholding pattern or name did not defeat the deduction, since the statutory benefit attaches to the undertaking continuing its business and not to the individual assessee. en-us Mon, 08 Aug 2011 00:00:00 +0530 Tue, 02 Sep 2025 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210422 HC allowed deduction under Section 80IA for income from internet services and internet telephony, holding the undertaking used new plant and machinery and was not formed by splitting up or reconstruction of an existing business. Section 80IA(3) did not disentitle the claimant because the undertaking commenced business before 1.4.2005. A change in shareholding pattern or name did not defeat the deduction, since the statutory benefit attaches to the undertaking continuing its business and not to the individual assessee. Case-Laws Income Tax Mon, 08 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210422