https://www.taxtmi.com/caselaws?id=369133 STPI approval was treated as sufficient for claiming deduction under section 10B, and separate ratification by the Board of Approval was held unnecessary. The Tribunal relied on CBDT circulars and notifications that place STPI-approved units on par with eligible export oriented units, and followed co-ordinate bench rulings accepting such approval for section 10B relief. It also applied the principle of consistency, since the same relief had been allowed in earlier and later assessment years in the assessee's own case and had attained finality. The Revenue's appeal was dismissed. en-us Wed, 03 Oct 2018 00:00:00 +0530 Mon, 22 Oct 2018 09:53:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369133 STPI approval was treated as sufficient for claiming deduction under section 10B, and separate ratification by the Board of Approval was held unnecessary. The Tribunal relied on CBDT circulars and notifications that place STPI-approved units on par with eligible export oriented units, and followed co-ordinate bench rulings accepting such approval for section 10B relief. It also applied the principle of consistency, since the same relief had been allowed in earlier and later assessment years in the assessee's own case and had attained finality. The Revenue's appeal was dismissed. Case-Laws Income Tax Wed, 03 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369133