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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

The resultant profits and gains, derived from, or derived by, an ...


Insurance Subsidy Profits from Industrial Undertakings Are Deductible Under Income Tax Sections 80IB or 80IC.

December 3, 2015

Case Laws     Income Tax     AT

The resultant profits and gains, derived from, or derived by, an industrial undertaking, because of the insurance subsidy, have to be treated as deductible in terms of the provision of Section 80IB or 80IC - AT

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