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    <title>2010 (3) TMI 1182 - ITAT BANGALORE</title>
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    <description>The Tribunal dismissed the Revenue&#039;s appeals, affirming the assessee company&#039;s eligibility to claim deduction under section 10A for Assessment Years 2005-06 &amp;amp; 2006-07. The Tribunal found that the assessee met all conditions for the deduction, referencing relevant precedents and Circular No.1 of 2005. The decision was supported by the cases of Mahavir Spinning Mills Ltd. and M/s. Foresee Information Systems (P) Ltd., rejecting the Revenue&#039;s arguments regarding non-fulfillment of specific conditions under section 10A.</description>
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    <pubDate>Wed, 17 Mar 2010 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=187129</link>
      <description>The Tribunal dismissed the Revenue&#039;s appeals, affirming the assessee company&#039;s eligibility to claim deduction under section 10A for Assessment Years 2005-06 &amp;amp; 2006-07. The Tribunal found that the assessee met all conditions for the deduction, referencing relevant precedents and Circular No.1 of 2005. The decision was supported by the cases of Mahavir Spinning Mills Ltd. and M/s. Foresee Information Systems (P) Ltd., rejecting the Revenue&#039;s arguments regarding non-fulfillment of specific conditions under section 10A.</description>
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      <pubDate>Wed, 17 Mar 2010 00:00:00 +0530</pubDate>
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