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2018 (6) TMI 412 - ITAT DELHI
Entitlement to exemption u/s 80IC - Held that:- Since the deduction u/sec 80IC shall not in any case exceeds 10 assessment years, as specified in sub section (6), the appellant shall be eligible to claim deduction upto A. Y. 2013-14 at rate of deduction as may be applicable.
From the submission made by the appellant and facts placed on records, AY 2011-12 is the 8th year of claiming deduction under the section 80IC and same shall be allowed till AY 2013-14. - Decided in favour of assessee.