New Unit Gains Section 10AA Tax Exemption Due to Fresh Investments, No Transfer of Old Machinery or Plant. https://www.taxtmi.com/highlights?id=43867 Exemption u/s 10AA - The new unit was not formed by transferring any machinery or plant previously used. Fresh investment was made in the new unit. The revenue earning and profits generated were clearly attributable to the new unit - Benefit of exemption allowed. en-us Sat, 12 Jan 2019 07:54:35 +0530 Sat, 12 Jan 2019 07:54:35 +0530 TaxTMI RSS Generator New Unit Gains Section 10AA Tax Exemption Due to Fresh Investments, No Transfer of Old Machinery or Plant. https://www.taxtmi.com/highlights?id=43867 Exemption u/s 10AA - The new unit was not formed by transferring any machinery or plant previously used. Fresh investment was made in the new unit. The revenue earning and profits generated were clearly attributable to the new unit - Benefit of exemption allowed. Highlights Income Tax Sat, 12 Jan 2019 07:54:35 +0530 https://www.taxtmi.com/highlights?id=43867