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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IA/80IB - once deduction is granted in the ...


Tax Deduction u/ss 80IA/80IB Continues for 10 Years Unless Initial Year Relief is Withdrawn.

August 19, 2017

Case Laws     Income Tax     HC

Deduction u/s 80IA/80IB - once deduction is granted in the initial Assessment Year, the same would continue for the period of 10 consecutive year unless the relief for initial year is also withdrawn at the time of withholding the relief under Section 80IA/IB - HC

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