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Deduction under section 80IA, Income Tax |
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Deduction under section 80IA |
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Dear Sir, One of our client is running a windmill business (Proprietorship) and claimed deduction u/s 80IA for 8 consecutive years. Now he wants to transfer his business to his son. What is the tax implication on this. Will his son get 2 more years of deduction u/s 80IA or will he get fresh 10 years of deduction. Regards, Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
In my view his son will get 2 more years. Page: 1 Old Query - New Comments are closed. |
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