Tribunal Rules Section 10B Exemption Valid for New Unit; Ministry Aware of First-Time Claim in 2002-03.

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....Exemption u/s 10B - Renewal of100% EOU several times - Tribunal has held that though it was termed “a renewal”, the benefit was applied to a new unit. And the Ministry has been well aware of that. Within the given window of the extended period, the Assessee claimed the exemption for the first time in AY 2002-03. - HC....