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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Deduction u/s 80IA(4) - On perusal of the balance sheet it was ...


No Deductions Granted: Business Activities Not Eligible u/s 80IA(4) of Income Tax Act for Infrastructure Facilities.

June 20, 2019

Case Laws     Income Tax     AT

Deduction u/s 80IA(4) - On perusal of the balance sheet it was found that the there is no income earned from eligible business of developing, operating and maintaining any infrastructural facilities as laid down in sub-section (4) of section 80IA - no deduction

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