https://www.taxtmi.com/caselaws?id=177238 The Tribunal affirmed the assessee's eligibility as a SEZ Unit under sub-section 6 of section 115JB, ruling that physical presence within an SEZ was not mandatory for claiming the exemption. Emphasizing compliance with SEZ rules and reporting authority, the Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal. The decision was grounded in the interpretation of the SEZ Act's definition of 'Unit' and the disjunctive use in the Income Tax Act, supporting the assessee's position and denying the Revenue's challenge. en-us Wed, 19 Feb 2014 00:00:00 +0530 Tue, 05 Jan 2016 22:32:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177238 The Tribunal affirmed the assessee's eligibility as a SEZ Unit under sub-section 6 of section 115JB, ruling that physical presence within an SEZ was not mandatory for claiming the exemption. Emphasizing compliance with SEZ rules and reporting authority, the Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal. The decision was grounded in the interpretation of the SEZ Act's definition of 'Unit' and the disjunctive use in the Income Tax Act, supporting the assessee's position and denying the Revenue's challenge. Case-Laws Income Tax Wed, 19 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177238