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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IA - the word "it" is used to denote an ...


Section 80IA Deduction: Ownership Not Required for Infrastructure Facility Claim under Income Tax Act.

May 14, 2012

Case Laws     Income Tax     AT

Deduction u/s 80IA - the word "it" is used to denote an enterprise. Therefore, there is no requirement that the assessee should have been the owner of the infrastructure facility.

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