Deduction availability - telecom company

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..... Deduction availability - telecom company
Query (Issue) Started By: - subhash gupta Dated:- 27-11-2007 Last Reply Date:- 28-11-2007 Income Tax
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Income Tax
whether a company prov .....

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..... iding telecomunication servies is entitle for deduction of income earned from trading activites of equipments required for providing telecommunication services in addition to income earned from teleco .....

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..... mmunication services under section 80-IA(4)(ii) of Income Tax Act, 1961. Reply By Surender Gupta: The Reply: Under section 80-IA subsection (1) read with sub section (4, deduction is allowed only for .....

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..... eligible business. Further as per sub section (10) AO has power to calculate the profit of eligible business and to exclude the income of ineligible business.
Discussion Forum - Knowledge Sharing .....

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