https://www.taxtmi.com/caselaws?id=376038 The High Court upheld the assessee's claim under Section 10A for the assessment year 1999-2000, ruling that the amendment extending the exemption period to ten years should apply to the assessee, despite having already availed the benefit for a shorter period under the unamended provision. The court emphasized the legislative intent behind the amendment to provide the benefit for a continuous ten-year period and held in favor of the assessee, rejecting the Revenue's appeal. en-us Tue, 29 Jan 2019 00:00:00 +0530 Fri, 01 Mar 2019 07:48:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376038 The High Court upheld the assessee's claim under Section 10A for the assessment year 1999-2000, ruling that the amendment extending the exemption period to ten years should apply to the assessee, despite having already availed the benefit for a shorter period under the unamended provision. The court emphasized the legislative intent behind the amendment to provide the benefit for a continuous ten-year period and held in favor of the assessee, rejecting the Revenue's appeal. Case-Laws Income Tax Tue, 29 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376038