Deduction u/s 80IA(4) - Commission for collection of electric ...

Commission on Electric Duty Collection Not Income from Industrial Undertaking u/s 80IA(4) of Income Tax Act.

February 20, 2017

Case Laws Income Tax AT

Deduction u/s 80IA(4) - Commission for collection of electric duty is an independent income and it also cannot be accepted as reimbursement of manufacturing or selling expenses and as a consequence, it is also not an income derived from an industrial undertaking. - AT

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Deduction u/s 80IA(4) - Commission for collection of electric ...

Commission on Electric Duty Collection Not Income from Industrial Undertaking u/s 80IA(4) of Income Tax Act.

February 20, 2017

Case Laws Income Tax AT

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