https://www.taxtmi.com/highlights?id=3345 Exemption u/s 10A(2) - Deduction u/s 80HHE - Tribunal in the present case has come to the conclusion that where a running business is transferred lock, stock and barrel by one assessee to another assessee the principle of reconstruction, splitting up and transfer of plant and machinery cannot be applied - Reconstruction is of a business already in existence and there must be a continuation of the activities and business of the same industrial undertaking - HC en-us Mon, 09 Apr 2012 09:46:16 +0530 Mon, 09 Apr 2012 09:46:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=3345 Exemption u/s 10A(2) - Deduction u/s 80HHE - Tribunal in the present case has come to the conclusion that where a running business is transferred lock, stock and barrel by one assessee to another assessee the principle of reconstruction, splitting up and transfer of plant and machinery cannot be applied - Reconstruction is of a business already in existence and there must be a continuation of the activities and business of the same industrial undertaking - HC Highlights Income Tax Mon, 09 Apr 2012 09:46:16 +0530 https://www.taxtmi.com/highlights?id=3345