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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Entitlement to relief u/s.80IB - CIT(A) has correctly concluded ...


ITAT wrongly denies benefits u/s 80IB for assessee's manufacturing activities with IOCL, BPCL, and BRPCL contracts.

December 29, 2018

Case Laws     Income Tax     HC

Entitlement to relief u/s.80IB - CIT(A) has correctly concluded that the activity of the assessee in designing, engineering and fabricating of the plant and systems in the contract with IOCL, BPCL, BRPCL, is manufacture of article or thing. - ITAT wrongly denied the benefit.

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