Deduction u/s 80IB - Since the project was approved before ...
Section 80IB Deduction Valid: Project Approved Before April 1, 2005, Exempt from Revised Provisions. Assessing Officer Consistency.
June 18, 2012
Case Laws Income Tax AT
Deduction u/s 80IB - Since the project was approved before 1.4.2005 and as AO allowed deduction in earlier years, there is no need for disallowing the deduction in these years, as revised provisions do not apply to the projects approved earlier to 01-04-05. - AT
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