https://www.taxtmi.com/caselaws?id=249509 The Tribunal dismissed the Revenue's appeal, affirming the assessee's eligibility for deduction under Section 10B based on registration with the Software Technology Park of India. The decision emphasized that STPI registration sufficed for the deduction, contrary to the assessing officer's stance requiring Board approval under the Industries (Development and Regulation) Act, 1951. The CIT(A) and Tribunal both supported the assessee, relying on consistent Tribunal precedents. The outcome rested on the interpretation that STPI registration met the Section 10B criteria, leading to the rejection of the Revenue's appeal. en-us Tue, 10 Apr 2012 00:00:00 +0530 Mon, 14 Jul 2014 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249509 The Tribunal dismissed the Revenue's appeal, affirming the assessee's eligibility for deduction under Section 10B based on registration with the Software Technology Park of India. The decision emphasized that STPI registration sufficed for the deduction, contrary to the assessing officer's stance requiring Board approval under the Industries (Development and Regulation) Act, 1951. The CIT(A) and Tribunal both supported the assessee, relying on consistent Tribunal precedents. The outcome rested on the interpretation that STPI registration met the Section 10B criteria, leading to the rejection of the Revenue's appeal. Case-Laws Income Tax Tue, 10 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249509