Deduction u/s 80K claming deduction u/s 80J.

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..... 80K Statute: Income - Tax Act, 1961 Question has arisen whether a shareholder would be entitled to get the benefits of section 80 K of the I.T.Act in a case where the company has not actually .....

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..... ly allowed or could not be allowed owing to inadequacy of profits. The shareholders will not however be entitled to any further deduction when the carried forward deficiency is actually allowed in the .....

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