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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Deduction u/s 80-IB - reconstruction of a business already in ...

Case Laws     Income Tax

September 4, 2017

Deduction u/s 80-IB - reconstruction of a business already in existence - assessee setting up of an industrial unit by purchase of old/used plant and machinery defeat the entire purpose of allowing deductions u/s 80-IB - ITAT has rightly denied the deduction - HC

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