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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Deduction u/s. 80IB - ownership of land is not with the assessee ...


Assessee Entitled to Section 80IB Deduction Despite Land Ownership Issue; Profit and Loss Solely Theirs.

July 1, 2013

Case Laws     Income Tax     AT

Deduction u/s. 80IB - ownership of land is not with the assessee - All these activities of the assessee show that the profit as well as loss would have accrued to the assessee only - deduction allowed - AT

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