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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Deduction u/s 80IB of the Income Tax Act – ceiling of commercial ...


High Court Rules Section 80IB Amendment on Commercial Space Limit in Housing Projects Applies Prospectively Only.

October 19, 2013

Case Laws     Income Tax     HC

Deduction u/s 80IB of the Income Tax Act – ceiling of commercial construction in housing projects - Amendment in ceiling limit from 5% to 3% to apply retrospectively or prospectively - held as prospective only - HC

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