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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Claim of deduction @100% u/s 80IC - initial assessment year - ...


100% Tax Deduction Denied Post-Substantial Expansion: Initial Assessment Year Unchanged u/s 80IC.

October 20, 2018

Case Laws     Income Tax     HC

Claim of deduction @100% u/s 80IC - initial assessment year - fresh claim on undertaking substantial expansion from the year of completion of substantial expansion - Not allowed.

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