Deduction u/s 80IA - Whether Clauses (a), (b) and (c) of sec. ...

Are Clauses in Section 80IA(4)(iv) of Income Tax Act Mutually Exclusive? Interpretation Allows Broader Deductions for Power Sector.

September 16, 2013

Case Laws Income Tax AT

Deduction u/s 80IA - Whether Clauses (a), (b) and (c) of sec. 80IA(4)(iv) are mutually exclusive -Had the intention of the parliament was to give deduction only to the undertaking which undertakes the work of laying network of new transmission or distribution lines and not to the undertaking which transmits or distributes the power, then clause (b) would have been worded accordingly and there would have been no necessity to insert a proviso for the said purpose - AT

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Deduction u/s 80IA - Whether Clauses (a), (b) and (c) of sec. ...

Are Clauses in Section 80IA(4)(iv) of Income Tax Act Mutually Exclusive? Interpretation Allows Broader Deductions for Power Sector.

September 16, 2013

Case Laws Income Tax AT

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