https://www.taxtmi.com/caselaws?id=417329 Deduction under section 10B was available where the assessee had obtained the relevant governmental and STPI approvals, including recognition as a hundred per cent export oriented unit, and the CBDT clarification accepted Development Commissioner approval as valid for the section. The deduction could not be denied merely because the approval was not by the concerned statutory board. Deduction under section 10A was also available despite the omission to claim it in the return of income, as the appellate forum could consider the entitlement on the facts and the tax benefit was not defeated by the omission. The Tribunal's grant of relief under both provisions was upheld. en-us Mon, 17 Jan 2022 00:00:00 +0530 Thu, 20 Jan 2022 08:27:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417329 Deduction under section 10B was available where the assessee had obtained the relevant governmental and STPI approvals, including recognition as a hundred per cent export oriented unit, and the CBDT clarification accepted Development Commissioner approval as valid for the section. The deduction could not be denied merely because the approval was not by the concerned statutory board. Deduction under section 10A was also available despite the omission to claim it in the return of income, as the appellate forum could consider the entitlement on the facts and the tax benefit was not defeated by the omission. The Tribunal's grant of relief under both provisions was upheld. Case-Laws Income Tax Mon, 17 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417329