https://www.taxtmi.com/caselaws?id=346072 The Tribunal upheld the appellant's claim for deduction under Section 10A for Unit II and Unit III, emphasizing their independent and distinct nature as separate undertakings eligible for the benefit. The decision highlighted the requirement of fresh investments and independent operations for qualifying under Section 10A, dismissing the Revenue's argument that the units were expansions rather than new undertakings. The judgment affirmed that the units satisfied the conditions under Section 10A(2) and were entitled to the deduction, ultimately dismissing the appeal with no significant legal issues arising from the case. en-us Wed, 26 Jul 2017 00:00:00 +0530 Tue, 26 Sep 2017 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346072 The Tribunal upheld the appellant's claim for deduction under Section 10A for Unit II and Unit III, emphasizing their independent and distinct nature as separate undertakings eligible for the benefit. The decision highlighted the requirement of fresh investments and independent operations for qualifying under Section 10A, dismissing the Revenue's argument that the units were expansions rather than new undertakings. The judgment affirmed that the units satisfied the conditions under Section 10A(2) and were entitled to the deduction, ultimately dismissing the appeal with no significant legal issues arising from the case. Case-Laws Income Tax Wed, 26 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346072