Consequent to amended provisions section 10B makes it clear that ...

Section 10B Amended: Clarifies Deduction Status, Mandates Inclusion of Profits and Losses in Income Computation.

September 14, 2016

Case Laws Income Tax AT

Consequent to amended provisions section 10B makes it clear that it is a deduction and not exemption, and the computation of income has to be in accordance with the provisions of the Act, therefore, not only profits but also losses from the business have to be taken into consideration while computing deduction u/s 10B - AT

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Consequent to amended provisions section 10B makes it clear that ...

Section 10B Amended: Clarifies Deduction Status, Mandates Inclusion of Profits and Losses in Income Computation.

September 14, 2016

Case Laws Income Tax AT

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