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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

When profits or losses, as a result of execution of project as ...

Income Tax

April 19, 2016

When profits or losses, as a result of execution of project as such, belong predominantly to the assessee, the assessee is obviously taking the entrepreneurship risk qua the project and is, accordingly, eligible for deduction under section 80IB(10) - AT

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