https://www.taxtmi.com/caselaws?id=173894 Section 10A deduction is discussed as attaching to the undertaking rather than to the assessee personally, in the context of a medical transcription unit acquired as a going concern with used machinery and STPI approval. The transfer documents are noted as covering employees, contracts, records, permits and export obligations, supporting the view that the unit retained its identity after takeover. The commentary also refers to the prohibition on formation by transfer of previously used machinery, the successor's entitlement under pari materia relief provisions, and the relevance of the Board circular on existing undertakings. en-us Fri, 21 Nov 2008 00:00:00 +0530 Wed, 06 Dec 2023 20:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173894 Section 10A deduction is discussed as attaching to the undertaking rather than to the assessee personally, in the context of a medical transcription unit acquired as a going concern with used machinery and STPI approval. The transfer documents are noted as covering employees, contracts, records, permits and export obligations, supporting the view that the unit retained its identity after takeover. The commentary also refers to the prohibition on formation by transfer of previously used machinery, the successor's entitlement under pari materia relief provisions, and the relevance of the Board circular on existing undertakings. Case-Laws Income Tax Fri, 21 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173894