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Income Tax - Highlights / Catch Notes

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Deduction u/s 80-IC - telecommunication software development and ...


Section 80-IC Deduction Covers Telecommunication Software and Hardware Trade; Claim Allowed Despite Separate Service Agreement.

May 1, 2020

Case Laws     Income Tax     AT

Deduction u/s 80-IC - telecommunication software development and trading in telecommunication hardware - Though the services agreement is separately entered into by the assessee, it has a direct nexus and connection with the agreement for supply of software - claim u/s. 80IC to be allowed.

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