Day: November 29, 2016

Subsidies received by Industrial Undertaking eligible deductions us 80-IB 80-IC if towards reimbursement of transport power and Interest cost.

Subsidies received by Industrial Undertaking eligible deductions us 80-IB 80-IC if towards reimbursement of transport power and Interest cost.¬† CIRCULAR NO. 39/2016 F.No.279/Misc./140/2015/ITJ Government of India Ministry of Finance Central Board of Direct Taxes ****** New Delhi, Dated 29th November, 2016 Subject: Transport, Power and Interest subsidies received …