https://www.taxtmi.com/caselaws?id=274568 The Court dismissed the appeals challenging the tribunal's decision affirming the CIT(A)'s order, which allowed 100% deduction under Section 10AA for a firm establishing a new SEZ unit. The appellant's claim was based on transferring funds from a previous concern to the new unit. The Court emphasized the need for substantial new investment in plant and machinery for eligibility under Section 10AA, following previous decisions. No substantial question of law was found, leading to the dismissal of the appeals. en-us Mon, 20 Nov 2017 00:00:00 +0530 Wed, 22 Aug 2018 07:38:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274568 The Court dismissed the appeals challenging the tribunal's decision affirming the CIT(A)'s order, which allowed 100% deduction under Section 10AA for a firm establishing a new SEZ unit. The appellant's claim was based on transferring funds from a previous concern to the new unit. The Court emphasized the need for substantial new investment in plant and machinery for eligibility under Section 10AA, following previous decisions. No substantial question of law was found, leading to the dismissal of the appeals. Case-Laws Income Tax Mon, 20 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274568