Benefit of S.10A attaches to undertaking & not to assessee who owns undertaking

The Tribunal in the present case has come to the conclusion that where a running business is transferred lock, stock and barrel by one assessee to another assessee the principle of reconstruction, splitting up and transfer of plant and machinery cannot be applied. According to the Tribunal the benefit of Section 10A

Please become a Premium member. If you are already a Premium member, login here to access the full content.