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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Whether the electricity unit is an undertaking for the purpose ...

Income Tax

August 20, 2014

Whether the electricity unit is an undertaking for the purpose of Section 80-IA and whether “profit and gain“ from captive consumption of electricity supplied from the generator set and which cannot be sold to any third person will qualify for deduction u/s 80-IA - Deduction allowed - HC

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