Deduction u/s 80IB - converting the proprietorship into a ...

Section 80IB Deduction Allowed Despite Conversion of Proprietorship to Partnership and Transfer of Assets and Liabilities.

November 7, 2016

Case Laws Income Tax AT

Deduction u/s 80IB - converting the proprietorship into a partnership firm resulted into transfer of plant and machinery previously used by the undertaking - there was a transfer of the industrial undertaking as a whole along with its assets and liabilities - deduction allowed - AT

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Deduction u/s 80IB - converting the proprietorship into a ...

Section 80IB Deduction Allowed Despite Conversion of Proprietorship to Partnership and Transfer of Assets and Liabilities.

November 7, 2016

Case Laws Income Tax AT

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