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2018 (4) TMI 1844 - AT - Income TaxExemption u/s.10A - assessee is duly registered with STPI as per requirement of the scheme of the year 2010-11 and the claim of deduction u/s. 10A of the Act has been allowed after due verification for the past 10 assessment years. But in the assessment year under appeal i.e. 2010-11, the claim of deduction was disallowed by AO - HELD THAT:- On facts, it is undisputed fact that the assessee has been consistently claiming deduction and the Revenue allowed the same without any disturbance. The Assessing Officer disturbed the same for the first time for the A.Y 2011-11. Considering ratio laid down in the case of Paul Brothers [1992 (10) TMI 5 - BOMBAY HIGH COURT] we cannot appreciate the decisions of Assessing Officer and CIT(A). The decision of Pune Bench of Tribunal has already adopted the similar proposition as extracted above. Considering the above, we are of opinion that this legal aspect stands covered in favour of the assessee. Thus, we find merit on the grounds raised by assessee and argument made by Ld. DR on this context becomes academic exercise. Hence, the grounds raised by the assessee are allowed.
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