https://www.taxtmi.com/caselaws?id=249774 The court upheld the ITAT's decision to allow the deduction under Section 10B of the Income Tax Act for the assessment year 2004-05. The deletion of sub-section (9) removed the prohibition on claiming the deduction upon transfer of ownership, enabling the transferee to claim the benefit for the unexpired period. The appeal was dismissed, and the respondent was awarded costs as per Delhi High Court Rules. en-us Fri, 18 Jul 2014 00:00:00 +0530 Tue, 17 Feb 2015 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249774 The court upheld the ITAT's decision to allow the deduction under Section 10B of the Income Tax Act for the assessment year 2004-05. The deletion of sub-section (9) removed the prohibition on claiming the deduction upon transfer of ownership, enabling the transferee to claim the benefit for the unexpired period. The appeal was dismissed, and the respondent was awarded costs as per Delhi High Court Rules. Case-Laws Income Tax Fri, 18 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249774