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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Reduction on rate of deduction from 12% to 11% u/s 80IB - Inter ...


Section 80IB Deduction Rate Reduced to 11%; Correct Interest Allocation Among Units Upheld by Tax Commissioner.

December 27, 2014

Case Laws     Income Tax     AT

Reduction on rate of deduction from 12% to 11% u/s 80IB - Inter unit investments - interest allocation on deemed basis - CIT(A) correctly allocated the interest to the three units - AT

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