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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Deduction u/s 80IB(8A) - nature of sample storage incomes - ...

Case Laws     Income Tax

September 23, 2015

Deduction u/s 80IB(8A) - nature of sample storage incomes - assessee conducts its clinical study and stores the relevant samples at its client’s behest till the license approval is obtained. The same can’t be held to be an activity not forming intrinsic part of its clinical studies conducted - Deduction allowed - AT

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