Deduction u/s 10AA - once separate books of account have been ...

Separate Books Justify Section 10AA Deductions; Unclaimed Expenses from Non-SEZ Units Cannot Impact Eligible Unit Revenue.

October 16, 2020

Case Laws Income Tax AT

Deduction u/s 10AA - once separate books of account have been maintained for each of the undertakings, there is no basis for the AO to allege that any of the expenses of non-SEZ units pertained to revenue of eligible units. Once such expenses has also not been claimed, the same is of no consequences. - AT

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Deduction u/s 10AA - once separate books of account have been ...

Separate Books Justify Section 10AA Deductions; Unclaimed Expenses from Non-SEZ Units Cannot Impact Eligible Unit Revenue.

October 16, 2020

Case Laws Income Tax AT

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