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Income Tax - Highlights / Catch Notes

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Deduction u/s.80-IA(4)(iv) - Substantial expansion - electricity ...


Section 80-IA(4)(iv) Deduction Denied: Electricity Companies Must Complete Expansion for Tax Benefit Eligibility.

September 23, 2013

Case Laws     Income Tax     AT

Deduction u/s.80-IA(4)(iv) - Substantial expansion - electricity distribution company. - the benefit cannot flow to the assessee unless substantial expansion is completed which would result operational efficiency of the electricity company - AT

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