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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Deduction u/s 80IB(7) - For own lethargy or inaction on the part ...

Case Laws     Income Tax

February 16, 2017

Deduction u/s 80IB(7) - For own lethargy or inaction on the part of an officer of Income Tax Department, a deduction which otherwise may be available to Assessee, cannot be denied since it is not a case where Assessee is disqualified being ineligible for such deduction but question of approval is pending before Competent Authority, who is a senior officer of Income Tax Department - HC

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