Thursday, July 19, 2018

New unit of existing co. with separate licence and premises held eligible for sec. 80-IB deductions: SC

IT: SLP dismissed against High Court ruling that where industrial unit had separate premises, separate labour force, separate license and electricity connection and value of machines transferred from existing unit to said unit was within permissible limit of 20 per cent, said unit would be entitled to claim deduction under section 80-IB separately

from www.taxmann.com Latest Case Laws https://ift.tt/2JAIpts

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