https://www.taxtmi.com/caselaws?id=267940 STPI approval was treated as sufficient to satisfy the requirement of a hundred per cent export oriented undertaking for deduction under section 10B. The Tribunal's reasoning, as noted in the text, relied on consistent allowance of the benefit in earlier and later years and on co-ordinate bench views that STPI approval meets the statutory approval requirement. On that basis, denial of the deduction only because separate board approval was not obtained was considered unsustainable, and the disallowance was deleted. en-us Wed, 04 Nov 2015 00:00:00 +0530 Tue, 17 Nov 2015 05:56:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267940 STPI approval was treated as sufficient to satisfy the requirement of a hundred per cent export oriented undertaking for deduction under section 10B. The Tribunal's reasoning, as noted in the text, relied on consistent allowance of the benefit in earlier and later years and on co-ordinate bench views that STPI approval meets the statutory approval requirement. On that basis, denial of the deduction only because separate board approval was not obtained was considered unsustainable, and the disallowance was deleted. Case-Laws Income Tax Wed, 04 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267940