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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Entitlement to deduction u/s 10B - assessee is engaged in the ...


Manufacturers of Injection Blow Molding Machines Can Deduct u/s 10B Before Set-Off of Losses and Depreciation.

December 30, 2016

Case Laws     Income Tax     AT

Entitlement to deduction u/s 10B - assessee is engaged in the business of manufacture of Injection Blow Molding Machines - whether exemption u/s 10B has to be allowed from the total income before set off of brought forward losses and depreciation? - Held Yes - AT

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