Deduction U/s. 10A available on conversion of existing Domestic Tariff Area unit into Software Technology Park unit

The Karnataka High Court, in its recent ruling, in the case of CIT Vs. Expert Outsource Pvt. Ltd. [2011-TI01-236-HC-KAR-IT]  held that deduction under section 10A of the Income-tax Act, 1961 is available to the assessee on conversion of existing Domestic Tariff Area (DTA) unit into a Software Technology Park (STP) unit.

Facts

• The assessee, a private limited company, is engaged in the business rendering software developmen

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