Deduction u/s.80IC - CIT(A) has correctly applied the test of ...

Tax Authority Correctly Applies New vs. Old Machinery Test for Section 80IC Deductions in First Year of New Undertaking Formation.

January 7, 2019

Case Laws Income Tax AT

Deduction u/s.80IC - CIT(A) has correctly applied the test of new machinery vis-à-vis old machinery in the year of the formation of the new undertaking i.e. the year one and not in the subsequent years.

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Deduction u/s.80IC - CIT(A) has correctly applied the test of ...

Tax Authority Correctly Applies New vs. Old Machinery Test for Section 80IC Deductions in First Year of New Undertaking Formation.

January 7, 2019

Case Laws Income Tax AT

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