Thursday, January 10, 2019

ITAT couldn't allow sec. 80-IB deduction without discussing on objection raised by AO

IT: Where Assessing Officer rejected assessee's claim for deduction under sec. 80-IB on ground that there was no net profit from eligible unit, Tribunal could not pass order allowing assessee's claim without discussing reason as assigned by Assessing Officer for rejecting assessee's claim

from www.taxmann.com Latest Case Laws http://bit.ly/2STuNi4

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