https://www.taxtmi.com/caselaws?id=262999 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeals for both assessment years. It confirmed the assessee's eligibility for deduction under Section 10A, stating that separate books of account were not mandatory, the new unit used distinct communication lines, and there was no breach of the 20% transfer limit for old plant and machinery. The Tribunal found no grounds to overturn the CIT(A)'s ruling, affirming the assessee's entitlement to the claimed deductions. en-us Fri, 14 Aug 2015 00:00:00 +0530 Mon, 24 Aug 2015 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262999 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeals for both assessment years. It confirmed the assessee's eligibility for deduction under Section 10A, stating that separate books of account were not mandatory, the new unit used distinct communication lines, and there was no breach of the 20% transfer limit for old plant and machinery. The Tribunal found no grounds to overturn the CIT(A)'s ruling, affirming the assessee's entitlement to the claimed deductions. Case-Laws Income Tax Fri, 14 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262999