https://www.taxtmi.com/acts?id=9492 For the assessment year beginning 1 April 2003 the deduction under section 10B is set at ninety per cent of profits from export of articles, things or computer software. Where a firm or sole proprietary concern is succeeded by a company due to reorganisation and ownership or beneficial interest transfers to the company, the deduction under sub-section (1) shall be allowed to the company as it would have been allowed to the predecessor, provided the partners' or sole proprietor's aggregate shareholding constitutes and continues as a majority of total voting power for the period of eligibility. en-us Tue, 21 Oct 2008 13:19:15 +0530 Tue, 21 Oct 2008 13:19:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9492 For the assessment year beginning 1 April 2003 the deduction under section 10B is set at ninety per cent of profits from export of articles, things or computer software. Where a firm or sole proprietary concern is succeeded by a company due to reorganisation and ownership or beneficial interest transfers to the company, the deduction under sub-section (1) shall be allowed to the company as it would have been allowed to the predecessor, provided the partners' or sole proprietor's aggregate shareholding constitutes and continues as a majority of total voting power for the period of eligibility. Act-Rules F. Acts / Amendment Acts Tue, 21 Oct 2008 13:19:15 +0530 https://www.taxtmi.com/acts?id=9492