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Income Tax - Highlights / Catch Notes

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Deduction u/s. 80IB - business of development of customized ...


Eligibility for Deduction u/s 80IB: Assessee's Ownership of Final Product Despite Client's Input Ownership Confirmed.

August 30, 2013

Case Laws     Income Tax     AT

Deduction u/s. 80IB - business of development of customized software on job work basis - he mere fact that one of the input is owned by the client itself, does not mean that the property in the product never belonged to the assessee - AT

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