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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Deduction claimed u/s.80IA - turbine division - generation of ...


Turbine Division's Section 80IA Deduction Approved: Recognized as Distinct Power Unit, Not Split from Existing Business.

July 29, 2015

Case Laws     Income Tax     AT

Deduction claimed u/s.80IA - turbine division - generation of power unit is separate and distinct undertaking for which separate approval was obtained and it cannot be said that splitting of existing business structure - AT

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