DEDUCTION UNDER SECTION 80IC

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... COMPANY HAVE PURHCASED PLANT AND MACHINERY FROM UTTAR PRADESH FINANCE CORPORATION COMPANY UNDER 80IC COVER AREAS BUT A.O. HAS DISALLOWED AND ADDITION . REASON FOR U/S 80IC IS AVAILABLE ONLY N .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... EW PURCHASES PLANT AND MACHINERY , MY COMPANY HAS PURCHASES UPFC AND TREAT AS FIRST . PLEASE SEND ANSWAR, COMPANY LIABLE 80IC OR NOT - Reply By Rama Krishana - The Reply = The onus is on you to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... prove that the same are new plant and machinery. The mere fact the it has been purchased from UPFC is not sufficient to prove that the same has not been used previously. - DEDUCTION UNDER SECTION 80 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... IC - Query Started By: - shruti gupta Dated:- 19-1-2013 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X