Dividend Not Eligible for Deduction u/s 80IC of Income Tax Act Due to Lack of Direct Link to Profits.

Dividend received by the assessee has no direct nexus with the profits and gains derived from the manufacturing activity and industrial undertaking - Not eligible for claiming deduction u/s 80IC - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X