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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Deduction u/s 80I - Service charge - Ownership is not necessary ...


Section 80I Deduction: Ownership Not Required, Focus on Profit Source from Industrial Undertaking, Says High Court.

July 24, 2013

Case Laws     Income Tax     HC

Deduction u/s 80I - Service charge - Ownership is not necessary - The only thing that has to be seen is whether the source of the profit or gains is an industrial undertaking - HC

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