Deduction u/s 80IB & 10B

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... As the business runs under the name of proprietor and get the deduction u/s 10B for cons. 10 years. From the 5th year, proprietor is same but the name is different. Assessing officer denies the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... give deduction u/s 10B . Assessee can get the deduction ? - Reply By CA Rachit Agarwal - The Reply = Query not clear... Whether the name of the proprietor has changed or the business is being c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... arried under some other name??? - Reply By hardik damani - The Reply = Proprietor is same but the name of the business is different. Example. Mr. X doing the business under the name of Ackruti .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... but after 5th year, it required the renewal of STP No. so, he renewal the STP no. under the same No. but differenct name. and Mr. X started business under the name of Balkrishna. It's STP Regi. no. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... is same. It's proprietorship so, PAN is same. Thanking you, - Deduction u/s 80IB & 10B - Query Started By: - hardik damani Dated:- 8-12-2010 Income Tax - Got 2 Replies - Income Tax - D .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... iscussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X