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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Denial of deduction u/s 80IA - the amount written back on ...


Denial of Section 80IA deduction confirmed; reversal of 2006-07 provision not viewed as profit from eligible business.

February 28, 2014

Case Laws     Income Tax     AT

Denial of deduction u/s 80IA - the amount written back on account of reversal of provision made in financial year 2006-07 cannot be held to be a profit derived from eligible business for computing deduction under S.80IA - AT

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