https://www.taxtmi.com/caselaws?id=217674 The Tribunal confirmed the eligibility for deduction under section 10A for the assessee company based on previous decisions but held that the deduction was not applicable for Assessment Year 2005-06 due to the demerger. The income of the STPI unit was deemed to be that of the resulting company for the entire year, aligning with the provisions of the Income Tax Act to ensure the intended benefits reached the appropriate entity. The Tribunal dismissed the Revenue's challenge on deduction eligibility but upheld the application of section 10A(7A), directing the income allocation accordingly. en-us Fri, 28 Sep 2012 00:00:00 +0530 Thu, 07 Apr 2016 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217674 The Tribunal confirmed the eligibility for deduction under section 10A for the assessee company based on previous decisions but held that the deduction was not applicable for Assessment Year 2005-06 due to the demerger. The income of the STPI unit was deemed to be that of the resulting company for the entire year, aligning with the provisions of the Income Tax Act to ensure the intended benefits reached the appropriate entity. The Tribunal dismissed the Revenue's challenge on deduction eligibility but upheld the application of section 10A(7A), directing the income allocation accordingly. Case-Laws Income Tax Fri, 28 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217674