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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Computation of deduction u/s 80IB(9) - there is no scope to ...


Section 80IB(9) Deductions: Only Direct Expenses for Specific Undertakings Count, No Adjustments for Other Undertakings Allowed.

November 22, 2018

Case Laws     Income Tax     AT

Computation of deduction u/s 80IB(9) - there is no scope to adjust expenses relating to other “undertakings” while computing deduction u/s 80IB(9) of the Act.

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