Deduction u/s 80-IA - Diagnostic Centre - an industrial ...

Income Tax

December 26, 2012

Deduction u/s 80-IA - Diagnostic Centre - an industrial undertaking - While the benefit which might flow to the general public if diagnostic facilities are deemed industrial undertakings is undeniable, as it would probably result in lower cost of diagnosis of diseases and conditions, yet that result cannot be achieved by doing violence to the statute, in the guise of interpretation. The remedy (to this perceived mischief) is clearly elsewhere. - HC

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Deduction u/s 80-IA - Diagnostic Centre - an industrial ...

Income Tax

December 26, 2012

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