2018 (7) TMI 1692 - SCH - Income Tax

Entitlement to deduction under Section 80-IC - whether an undertaking or an enterprise (Unit) established after 7th January, 2003, carrying out substantial expansion within the specified window period, i.e. between 7.1.2003 and 1.4.2012, would be entitled to deduction on profits @ 100%, under Section 80-IC? - Held that - We do not find any ground to interfere with the impugned order in exercise of our power under Article 136 of the Constitution of India. The special leave petitions are, accordingly, dismissed.

Summary

The Supreme Court of India dismissed the special leave petitions and pending applications, finding no grounds to interfere with the impugned order. Citation: 2018 (7) TMI 1692 - SC Order.