https://www.taxtmi.com/caselaws?id=259356 The High Court upheld the decisions of the lower authorities, ruling in favor of the assessee and dismissing the Tax Appeal. The Court determined that the ratification by the Board of Approval retroactively validated the initial approval by the Development Commissioner, and the subsequent circular from the Export Promotion Council supported the authority of the Development Commissioner to grant approval for 100% EOU, affirming the validity of the deduction claimed under Section 10B of the Income Tax Act for the Assessment Year 2007-08. en-us Wed, 22 Apr 2015 00:00:00 +0530 Sat, 07 Nov 2015 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259356 The High Court upheld the decisions of the lower authorities, ruling in favor of the assessee and dismissing the Tax Appeal. The Court determined that the ratification by the Board of Approval retroactively validated the initial approval by the Development Commissioner, and the subsequent circular from the Export Promotion Council supported the authority of the Development Commissioner to grant approval for 100% EOU, affirming the validity of the deduction claimed under Section 10B of the Income Tax Act for the Assessment Year 2007-08. Case-Laws Income Tax Wed, 22 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259356