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2024 (1) TMI 381 - ITAT DELHIEligibility for benefits of section 10AA with regard to units at Chennai and at Coimbatore SEZ - whether assessee has not satisfied the conditions mentioned u/s 10AA(4)? - HELD THAT:- In view of the finding of Ld.CIT(A), even if it is assumed that existing plant & machinery was used at Chennai SEZ or Commercial SEZ even then the value would be lower than 50%. This finding is not controverted by the Revenue. Therefore, we do not find any merit in the appeal of the Revenue, the same is hereby dismissed. Grounds raised by the Revenue are accordingly, dismissed.
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