https://www.taxtmi.com/caselaws?id=416434 A unit that began production in an export processing zone and was later converted into a special economic zone was held eligible for deduction under section 10AA for the unexpired eligible period. The Tribunal applied the second proviso to section 10AA, which preserves the deduction where the unit was originally established in an export processing zone or free trade zone and later converted into a special economic zone, with the ten-year period counted from the year of first manufacture or production in the original zone. Prior section 10A relief did not bar the subsequent claim, and the disallowance was set aside. en-us Tue, 23 Nov 2021 00:00:00 +0530 Wed, 29 Dec 2021 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416434 A unit that began production in an export processing zone and was later converted into a special economic zone was held eligible for deduction under section 10AA for the unexpired eligible period. The Tribunal applied the second proviso to section 10AA, which preserves the deduction where the unit was originally established in an export processing zone or free trade zone and later converted into a special economic zone, with the ten-year period counted from the year of first manufacture or production in the original zone. Prior section 10A relief did not bar the subsequent claim, and the disallowance was set aside. Case-Laws Income Tax Tue, 23 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416434