Though the machinery was second hand but it was not used by the ...

Second-hand machinery not used abroad by assessee; ineligible for deductions under IT Act Section 80IC(4).

December 19, 2013

Case Laws Income Tax AT

Though the machinery was second hand but it was not used by the assessee outside India, therefore, it cannot be said that machinery was previously used for the purpose of computing deduction u/s 80IC(4) - AT

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Though the machinery was second hand but it was not used by the ...

Second-hand machinery not used abroad by assessee; ineligible for deductions under IT Act Section 80IC(4).

December 19, 2013

Case Laws Income Tax AT

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