https://www.taxtmi.com/circulars?id=10605 Section 10A grants a ten year deduction for profits of export oriented undertakings subject to commencement, formation and machinery use conditions. Where STP units were approved or registered by Directors of Software Technology Parks, such approval alone shall not defeat a claim under section 10A; the Inter Ministerial Standing Committee will review past Director approvals. Assessments denying section 10A solely for lack of Committee approval should have resulting demands kept in abeyance, and allowance of deduction must await verification that all other statutory conditions are met. en-us Fri, 31 Mar 2006 00:00:00 +0530 Wed, 15 Jun 2011 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10605 Section 10A grants a ten year deduction for profits of export oriented undertakings subject to commencement, formation and machinery use conditions. Where STP units were approved or registered by Directors of Software Technology Parks, such approval alone shall not defeat a claim under section 10A; the Inter Ministerial Standing Committee will review past Director approvals. Assessments denying section 10A solely for lack of Committee approval should have resulting demands kept in abeyance, and allowance of deduction must await verification that all other statutory conditions are met. Circulars Income Tax Fri, 31 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10605