TMI BlogBenefit under income taxX X X X Extracts X X X X X X X X Extracts X X X X ..... Benefit under income tax X X X X Extracts X X X X X X X X Extracts X X X X ..... e claim benefit under income tax for this unit with respect to computation of income of the company as a whole? Reply By Surender Gupta: The Reply: The benefit of exemption from income tax and exempt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion from excise duty are two independent issues and should not be co-related. You have to examine the exemption in the relevant context only. Income from the unit as computed in accordance witht the r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... elevant provision may be claimed as deduction / exemption.
Reply By MUKESH JHA:
The Reply: i think u can take the benifit u/s 80-I-C(2)(A)(II) X X X X Extracts X X X X X X X X Extracts X X X X
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