Tax Management India. Com
                        Law and Practice: A Digital eBook ...

Category of Documents

TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Manuals SMS News Articles
Highlights
D. Forum
What's New

Share:      

        Home        
 

TMI Blog

Home List
← Previous Next →

Insertion of new section 80PA-Deduction in respect of certain income of Producer Companies

with effect from the 1st day of April, 2019, namely:- Deduction in respect of certain income of Producer Companies. 80PA. (1) Where the gross total income of an assessee, being a Producer Company having a total turnover of less than one hundred crore rupees in any previous year, includes any profits and gains derived from eligible business, there shall, in accordance with and subject to the provis .....

X X X X X X X

Full Text of the Document

X X X X X X X

members; or (b) the purchase of agricultural implements, seeds, livestock or other articles intended for agriculture for the purpose of supplying them to the members; or (c) the processing of the agricultural produce of the members; (ii) member shall have the meaning assigned to it in clause (d) of section 581A of the Companies Act, 1956 (1 of 1956); (iii) Producer Company shall have the meaning a .....

X X X X X X X

Full Text of the Document

X X X X X X X

ofits and gains and business attributable to any one or more of such activities shall be deducted in computing the total income of the assessee for the previous year relevant to any assessment year commencing on or after the 1st day of April, 2019, but before the 1st day of April, 2025. It is further proposed to provide that where the assessee is entitled also to deduction under any other provisio .....

X X X X X X X

Full Text of the Document

X X X X X X X

 

 

← Previous Next →

 

 

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Blog || Site Map - Recent || Site Map ||