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2014 (7) TMI 546 - AT - Income TaxAllowability of deduction u/s 10B of the Act Statutory provisions not complied - Failure to produce the Ratification by the Development Commissioner in the Instruction No.2/2009 of the CBDT dated 09.03.2009 whether it is enough if the assessee is registered with Software Technology Park of India as a 100% EOU or it is also necessary for the assessee to have the approval of the Board constituted by the Central Government under S.14 of the Industries (Development and Regulation) Act, 1951 - Held that:- The CIT(A) was rightly of the view that the assessee as eligible for deduction u/s 10B of the Act the decision in VSN Makro Technology P. Ltd. V/s. ACIT [2011 (1) TMI 1275 - ITAT HYDERABAD] followed - the assessee have been registered with the STPI, is entitled for deduction u/s 10B of the Act thus, there was no infirmity in the order of the CIT(A) Decided against Revenue.
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