https://www.taxtmi.com/caselaws?id=339574 The Tribunal allowed the assessee's appeal, overturning the disallowance of exemption under Section 10A and the disallowance of PF and ESI contributions. The Tribunal held that the assessee, having established a new export unit registered with STPI, was eligible for Section 10A deduction. It also ruled that the provisions of sub-section (9) of Section 10A were not applicable post its omission. The Tribunal interpreted Section 10A as an incentive provision to promote exports and allowed the deductions accordingly. Additionally, the Tribunal directed the AO to reconsider the disallowance of PF and ESI contributions in light of the extended filing deadline. en-us Fri, 10 Feb 2017 00:00:00 +0530 Mon, 27 Feb 2017 16:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339574 The Tribunal allowed the assessee's appeal, overturning the disallowance of exemption under Section 10A and the disallowance of PF and ESI contributions. The Tribunal held that the assessee, having established a new export unit registered with STPI, was eligible for Section 10A deduction. It also ruled that the provisions of sub-section (9) of Section 10A were not applicable post its omission. The Tribunal interpreted Section 10A as an incentive provision to promote exports and allowed the deductions accordingly. Additionally, the Tribunal directed the AO to reconsider the disallowance of PF and ESI contributions in light of the extended filing deadline. Case-Laws Income Tax Fri, 10 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339574