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2011 (7) TMI 518 - HC - Income TaxDeduction u/s 10A - Revenue contended that it was a case of reconstruction and therefore the assessee is not entitled to the benefit of Section 10A - Held that:- The material set out amply proves that it is not a ease of reconstruction as mistook by the assessing authority. The facts disclosed that the assessee commenced production from 01.05.2002 and the assessee was entitled to the benefit under Section 80HHE. However, after approval was granted by the Director of STPI on 31.12.2002, the assessee was entitled to the benefit of Section 10A of the Act This is supported by the circular No. 1/05 dated 06.01.2005 issued by the CBDT - Decided in favour of assessee.
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