Neither Section 80HH nor Section 80I statutorily obliged ...

Assessee companies can maintain consolidated accounts; no unit-wise accounts needed per Sections 80HH and 80I.

September 14, 2012

Case Laws Income Tax SC

Neither Section 80HH nor Section 80I statutorily obliged assessee company to maintain its accounts unit-wise - it was open for it to maintain its accounts in a consolidated form in order to put an end to the litigation between the Tax Department and the PSU - SC

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Neither Section 80HH nor Section 80I statutorily obliged ...

Assessee companies can maintain consolidated accounts; no unit-wise accounts needed per Sections 80HH and 80I.

September 14, 2012

Case Laws Income Tax SC

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