https://www.taxtmi.com/caselaws?id=237451 The High Court dismissed the Revenue's appeals, confirming the ITAT's order that the assessee was eligible for deduction under Section 10A of the Income Tax Act. The Court held that the purpose of the STP scheme was to encourage exports and that an existing unit could convert into an STP unit for tax purposes. The Court also disposed of the appeal concerning the jurisdiction of the Commissioner to invoke Section 263, as the decision on the primary issue rendered the question of jurisdiction moot. en-us Mon, 19 Aug 2013 00:00:00 +0530 Sat, 07 Dec 2013 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237451 The High Court dismissed the Revenue's appeals, confirming the ITAT's order that the assessee was eligible for deduction under Section 10A of the Income Tax Act. The Court held that the purpose of the STP scheme was to encourage exports and that an existing unit could convert into an STP unit for tax purposes. The Court also disposed of the appeal concerning the jurisdiction of the Commissioner to invoke Section 263, as the decision on the primary issue rendered the question of jurisdiction moot. Case-Laws Income Tax Mon, 19 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237451