Deduction u/s 80-IA - Whether the Tribunal was right in holding...
High Court Confirms No Section 80-IA Deduction Without Taxable Income, Despite Net Profit in Eligible Unit.
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Income TaxFebruary 19, 2016Case LawsHC
Deduction u/s 80-IA - Whether the Tribunal was right in holding that the deduction under Section 80-IA is not allowable at all to the assessee since there was no taxable income though the unit eligible for deduction had net profit - Held Yes - HC