Eligible income for the purpose of deduction u/s 80IE - the ...

Supplier's Excess Costs Recovered as Income Deductible u/s 80IE for Appellant Company.

March 17, 2022

Case Laws Income Tax AT

Eligible income for the purpose of deduction u/s 80IE - the recovery of excess cost charged by the supplier is extricably connected with income of the industrial undertaking as of the undertaking of the appellant company and therefore, is entitled to deduction under Section 80IE of the Act. We, thus, allow the said deduction in respect of the appellant company under Section 80IE of the Act. - AT

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Eligible income for the purpose of deduction u/s 80IE - the ...

Supplier's Excess Costs Recovered as Income Deductible u/s 80IE for Appellant Company.

March 17, 2022

Case Laws Income Tax AT

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