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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Deduction u/s. 80IB(10) on profits arising from commercial ...


Section 80IB(10) Deduction Denied for Profits from Commercial Buildings; Seen as Separate from Housing Projects.

March 30, 2015

Case Laws     Income Tax     AT

Deduction u/s. 80IB(10) on profits arising from commercial building - it is clear that the commercial building is a separate project and is not included as an integral part of the Housing project - deduction towards commercial construction disallowed - AT

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