https://www.taxtmi.com/caselaws?id=376379 Deduction under section 10B could not be denied to a Software Technology Park unit merely because its approval was not separately ratified by the Board of Approval. The Tribunal treated approval granted by the delegated STPI authority as sufficient where the assessee was registered as a 100% export oriented unit under the STP scheme and the delegated approval mechanism was otherwise satisfied. Relying on its earlier decision and CBDT clarification, it held that the statutory approval requirement was met on these facts and directed deletion of the disallowance. en-us Wed, 05 Sep 2018 00:00:00 +0530 Thu, 07 Mar 2019 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376379 Deduction under section 10B could not be denied to a Software Technology Park unit merely because its approval was not separately ratified by the Board of Approval. The Tribunal treated approval granted by the delegated STPI authority as sufficient where the assessee was registered as a 100% export oriented unit under the STP scheme and the delegated approval mechanism was otherwise satisfied. Relying on its earlier decision and CBDT clarification, it held that the statutory approval requirement was met on these facts and directed deletion of the disallowance. Case-Laws Income Tax Wed, 05 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376379