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Income Tax - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Deduction claimed under section 80-IB(10) - notify the ...


High Court Rules CBDT Acted Arbitrarily in Withdrawing Industrial Park Approval; Orders Compliance with Industrial Park Scheme 2002.

March 5, 2020

Case Laws     Income Tax     HC

Deduction claimed under section 80-IB(10) - notify the industrial park of the petitioner under rule 18C of the Income-tax Rules, 1962 - The action of the CBDT instructing DIFF vide official memorandum dated March 1, 2012 to withdraw the approval suffers from the vice of arbitrariness and lacks jurisdiction. - CBDT directed to notify the petitioner's industrial park under rule 18C of the Income-tax Rules, 1962 in terms of the Industrial Park Scheme, 2002 in an expedited manner - HC

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