https://www.taxtmi.com/caselaws?id=246960 A 100% export oriented undertaking approved in 1997-98 was entitled to deduction under section 10B for the year in question because the exemption period had to be computed from the initial year of the eligible undertaking, not from the year the assessee began its overall business. Prior deduction under section 80HHE did not bar relief under section 10B where the statutory conditions were otherwise satisfied. As the Revenue did not dispute EOU approval and had denied the claim on an incorrect view of the ten-year period, the disallowance was unsustainable. en-us Fri, 29 Nov 2013 00:00:00 +0530 Wed, 02 Mar 2016 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246960 A 100% export oriented undertaking approved in 1997-98 was entitled to deduction under section 10B for the year in question because the exemption period had to be computed from the initial year of the eligible undertaking, not from the year the assessee began its overall business. Prior deduction under section 80HHE did not bar relief under section 10B where the statutory conditions were otherwise satisfied. As the Revenue did not dispute EOU approval and had denied the claim on an incorrect view of the ten-year period, the disallowance was unsustainable. Case-Laws Income Tax Fri, 29 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246960