Validity of provisions of Section 115JB & 80IC - whether ...

Sections 115JB and 80IC of Income Tax Act Upheld as Valid; Apply to Different Profit Types.

August 24, 2018

Case Laws Income Tax HC

Validity of provisions of Section 115JB & 80IC - whether ultravires - the provisions are in accordance with law and the Government has power to introduce such provisions. Apart from that 80IC deduction which is made is from the gross profit and will apply only on the book profit therefore, Section 115 JB & 80 IC both run in different fields.

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Validity of provisions of Section 115JB & 80IC - whether ...

Sections 115JB and 80IC of Income Tax Act Upheld as Valid; Apply to Different Profit Types.

August 24, 2018

Case Laws Income Tax HC

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