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Income Tax - Highlights / Catch Notes

Home Highlights February 2018 Year 2018 This

Deduction u/s 80IA - where a benefit is allowed to the assessee ...


Taxpayer Entitled to Full 10-Year Benefit u/s 80IA Once Granted in Initial Assessment Years.

February 24, 2018

Case Laws     Income Tax     AT

Deduction u/s 80IA - where a benefit is allowed to the assessee for first two assessment years, the same cannot be denied in the subsequent block period as once the claim of the assessee was accepted and the clock had started running in favour of the assessee, it had to complete the entire period of ten years. - AT

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