https://www.taxtmi.com/caselaws?id=353090 The High Court of Kerala ruled in favor of the assessee, holding that the exemption under Section 10B of the Income Tax Act should apply from the date of commencement of the export-oriented undertaking, which coincided with the commencement of manufacturing in this case. The court rejected the Income Tax Appeal, emphasizing that the benefits should be granted from the initiation of the export-oriented activity. en-us Mon, 11 Dec 2017 00:00:00 +0530 Wed, 27 Dec 2017 10:17:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353090 The High Court of Kerala ruled in favor of the assessee, holding that the exemption under Section 10B of the Income Tax Act should apply from the date of commencement of the export-oriented undertaking, which coincided with the commencement of manufacturing in this case. The court rejected the Income Tax Appeal, emphasizing that the benefits should be granted from the initiation of the export-oriented activity. Case-Laws Income Tax Mon, 11 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353090