https://www.taxtmi.com/caselaws?id=253909 The ITAT held that the assessee was eligible for deduction under Section 10A, not 10B, as it was found to be a separate entity from the existing business and met the criteria for a new industrial undertaking. The matter of the Bangalore unit's eligibility for deduction under Section 10A was remitted for further examination. Additionally, the issue of disallowance of provision for expenses under Section 115JB was also sent back for verification by the AO. en-us Wed, 12 Nov 2014 00:00:00 +0530 Mon, 08 Dec 2014 08:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253909 The ITAT held that the assessee was eligible for deduction under Section 10A, not 10B, as it was found to be a separate entity from the existing business and met the criteria for a new industrial undertaking. The matter of the Bangalore unit's eligibility for deduction under Section 10A was remitted for further examination. Additionally, the issue of disallowance of provision for expenses under Section 115JB was also sent back for verification by the AO. Case-Laws Income Tax Wed, 12 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253909