Denial of deduction u/s 80IC - no merit in the claim of the ...

Tax Deduction Denied u/s 80IC for Interest Income; Possible Approval for Foreign Exchange Gain.

June 23, 2015

Case Laws Income Tax AT

Denial of deduction u/s 80IC - no merit in the claim of the assessee vis-à-vis deduction under section 80IC of the Act in respect of the interest received from HIMUDA, interest on IT refunds and award received from Government - however Foreign Exchange Fluctuation Gain we hold that the is directly linked to the business - AT

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Denial of deduction u/s 80IC - no merit in the claim of the ...

Tax Deduction Denied u/s 80IC for Interest Income; Possible Approval for Foreign Exchange Gain.

June 23, 2015

Case Laws Income Tax AT

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