Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Deduction u/s 80IB & 10B

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Deduction u/s 80IB & 10B
Query (Issue) Started By: - hardik damani Dated:- 8-12-2010 Last Reply Date:- 9-12-2010 Income Tax
Got 2 Replies
Income Tax
As the business runs under the name of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... proprietor and get the deduction u/s 10B for cons. 10 years. From the 5th year, proprietor is same but the name is different. Assessing officer denies the give deduction u/s 10B. Assessee can get .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the deduction ? Reply By CA Rachit Agarwal: The Reply: Query not clear... Whether the name of the proprietor has changed or the business is being carried under some other name??? Reply By hardik d .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... amani: The Reply: Proprietor is same but the name of the business is different. Example. Mr. X doing the business under the name of Ackruti but after 5th year, it required the renewal of STP No. so, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he renewal the STP no. under the same No. but differenct name. and Mr. X started business under the name of Balkrishna. It's STP Regi. no. is same. It's proprietorship so, PAN is same. Thanking yo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... u,
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates