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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Disallowance of exemption u/s. 10B - once the assessee is having ...


Section 10B Exemption: Certificate from Competent Authority Valid Without Board Approval for Tax Benefit.

March 15, 2019

Case Laws     Income Tax     HC

Disallowance of exemption u/s. 10B - once the assessee is having the certificate issued by the competent authority, in that case, non-production of the approval letter by the Board cannot be a ground to deny the benefit under Section 10B.

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