Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2015 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (8) TMI 560 - KARNATAKA HIGH COURTEligibility for section 10A deduction - STPI unit is not a new undertaking but formed by splitting up of the existing unit and reconstruction of business already in existence - Held that:- This court had an occasion to consider the similar question in the case of CIT v. Wipro GE Medical System Ltd. reported in [2015 (8) TMI 548 - KARNATAKA HIGH COURT], and in the case of CIT v. Maxim India Integrated Circuit Design (P.) Ltd. reported in [2011 (7) TMI 518 - Karnataka High Court ] and CIT v. Expert Outsource (P.) Ltd. reported in (2011 (3) TMI 1428 - Karnataka High Court) to hold that benefit of Section 10A would also be available even when an existing unit gets converted into a STPI unit - Decided in favour of the assessee
|