SEZ Unit Retains Section 10AA Tax Benefits Despite Transitioning from Proprietorship to Partnership Firm, No Breach Found.

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....Addition u/s 10AA - SEZ unit - assessee cannot be denied the benefit upon the conversion from the proprietorship concern to the partnership firm. Likewise, there was also no allegation of the AO that the present assessee came into existence after splitting up or the reconstruction of the existing business or undertaking. It is for the reason that there is no violation of the conditions applicable for claiming the deduction u/s 10AA - AT....