Deduction u/s 36(1)(viii) - Whether assessee is eligible for ...

Case Laws Income Tax

November 17, 2020

Deduction u/s 36(1)(viii) - Whether assessee is eligible for deduction u/s 36(1)(viii) even though the assessee is not an eligible entity under the provisions of the Act prior to amendment w.e.f. 01.04.2008? - the assessee is squarely covered within the meaning of expression ‘Financial Corporation’ and is entitled to benefit of deduction under Section 36(1)(viii) of the Act. - HC

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Deduction u/s 36(1)(viii) - Whether assessee is eligible for ...

Case Laws Income Tax

November 17, 2020

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