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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Entitlement for deduction U/s 80IB - amount under the head VKGUY ...


VKGUY and DEPB Benefits Excluded from Section 80IB Deductions Under Income Tax Act; Not Part of Net Profits.

March 11, 2017

Case Laws     Income Tax     AT

Entitlement for deduction U/s 80IB - amount under the head VKGUY [Vishesh Krishi Gram Udhyog Yojana] and on account of DEPB - these benefits do not form part of the net profits of eligible industrial undertaking for the purposes of Sections 80I/80IA/80IB - AT

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