https://www.taxtmi.com/caselaws?id=216819 Approval for an STP/EHTP unit could not be treated as approval for deduction under Section 10B, because the statute required a separate approval of a hundred per cent export-oriented undertaking by the Board appointed under the Industries (Development and Regulation) Act, 1951. The court noted that the STP/EHTP scheme and Section 10B operated in distinct fields, with different conditions, and that the notifications, circulars and instructions cited did not show any express delegation or substitution of the statutory approval function. Deduction under Section 10B was therefore unavailable merely on the basis of STP approval, and the issue was decided against the assessee. en-us Mon, 17 Sep 2012 00:00:00 +0530 Wed, 13 Aug 2025 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216819 Approval for an STP/EHTP unit could not be treated as approval for deduction under Section 10B, because the statute required a separate approval of a hundred per cent export-oriented undertaking by the Board appointed under the Industries (Development and Regulation) Act, 1951. The court noted that the STP/EHTP scheme and Section 10B operated in distinct fields, with different conditions, and that the notifications, circulars and instructions cited did not show any express delegation or substitution of the statutory approval function. Deduction under Section 10B was therefore unavailable merely on the basis of STP approval, and the issue was decided against the assessee. Case-Laws Income Tax Mon, 17 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216819