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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Claim of deduction u/s 80IB(3) – Status of SSI ceased in 9th ...

Case Laws     Income Tax

August 21, 2014

Claim of deduction u/s 80IB(3) – Status of SSI ceased in 9th year - Merely because an industry stabilizes early, makes profits, makes future investment in the said business, and it goes out of the definition of the small scale industry, the benefit u/s 80IB cannot be denied - HC

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