Deduction u/s.80IB(9) - Disallowance on aborted blocks - the ...

Income Tax

December 5, 2020

Deduction u/s.80IB(9) - Disallowance on aborted blocks - the deduction u/s 80IB(9) has to be computed after ascertaining profits and gains of eligible business in terms of sec. 80IA(5) of the Act. Hence there is no scope to adjust expenses relating to other “undertaking” while computing deduction u/s 80IB(9) of the Act. - AT

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Deduction u/s.80IB(9) - Disallowance on aborted blocks - the ...

Income Tax

December 5, 2020

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