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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Disallowance u/s 80IB - There is no bar or prohibition in ...

Income Tax

March 1, 2018

Disallowance u/s 80IB - There is no bar or prohibition in section 80IB on sale (slumpsale) of eligible undertaking to another assessee and the benefit attached with eligible undertaking cannot be denied to another assessee - mere change of ownership would not affect the claim of deductions. - AT

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