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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Eligibility for deduction u/s 80IB denied - If the assessee ...

Income Tax

August 4, 2015

Eligibility for deduction u/s 80IB denied - If the assessee could not obtain the approval of the prescribed authority, viz. DGIT (Exemption) for any of the years after started functioning of the hotel, then the assessee may not be eligible for deduction u/s 80IA for those assessment years. - AT

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