https://www.taxtmi.com/caselaws?id=310836 The Tribunal ruled in favor of the assessee, allowing deductions under section 10A of the Income Tax Act for software exports. It determined that the software was exported post-STPI approval, and the business was not established by reconstruction or splitting up, thus meeting the deduction criteria. The Tribunal also found Unit IZ eligible for the deduction, as it was not considered a reconstruction of a previous business lacking STPI approval. Additionally, the Tribunal allowed deductions for Unit-III-IT without disallowing telecommunication charges, dismissing the Revenue's appeal. en-us Fri, 07 Nov 2014 00:00:00 +0530 Tue, 21 Nov 2023 08:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310836 The Tribunal ruled in favor of the assessee, allowing deductions under section 10A of the Income Tax Act for software exports. It determined that the software was exported post-STPI approval, and the business was not established by reconstruction or splitting up, thus meeting the deduction criteria. The Tribunal also found Unit IZ eligible for the deduction, as it was not considered a reconstruction of a previous business lacking STPI approval. Additionally, the Tribunal allowed deductions for Unit-III-IT without disallowing telecommunication charges, dismissing the Revenue's appeal. Case-Laws Income Tax Fri, 07 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310836