Computation of deduction u/s 80-IA is not restricted only to ‘Business Profit’ derived by an eligible unit: SC

INCOME TAX : Scope of sub-section (5) of section 80-IA is limited to determination of quantum of deduction under sub-section (1) of section 80-IA by treating 'eligible business' as 'only source of income'. Sub-section (5) cannot be pressed into service for reading a limitation of deduction under sub-section (1) only to 'business income'

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000314744/computation-of-deduction-us-80-ia-is-not-restricted-only-to-‘business-profit’-derived-by-an-eligible-unit-sc.aspx