Deduction u/s 80IA

  • Income Tax

Non allocation of common expenses in deduction u/s 80IA – ITAT quashed revision order

Non allocation of common expenses for deduction u/s 80IA – ITAT quashed revision order Non allocation of common expenses to…

3 weeks ago
  • Income Tax

Director’s remuneration allocation in ratio of turnover upheld for deduction u/s 80IA

Director’s remuneration allocation in ratio of turnover upheld for deduction u/s 80IA as director’s involvement was minimal In a recent…

1 month ago
  • Income Tax

Deductions should not be disallowed merely for bona fide mistake or error of taxpayer

Deductions should not be disallowed merely for any bona fide mistake or error of the taxpayer – ITAT allows Deduction…

1 year ago
  • Income Tax

Deduction u/s 80-IA of the Income Tax Act not limited to head ‘business income’ only. – Supreme Court

Deduction u/s 80-IA of the Income Tax Act not limited to head ‘business income’ only. – Supreme Court. Sub section…

3 years ago
  • Income Tax

Undertaking of Softzone Tech Park Ltd notified as industrial park u/s 80IA

Undertaking developed, maintained and operated by Softzone Tech Park Ltd notified as an industrial park u/s 80-IA of the Income…

4 years ago
  • Income Tax

Deduction u/s 80IA allowed on conversion of firm into company – SC upheld High Court order

Deduction 80IA allowed on conversion of partnership firm into company under Part IX of Companies Act 1956. Supreme Court upheld…

4 years ago
  • Income Tax

Deduction u/s 80IA mandatory for both assessee to claim & revenue to allow

Deduction u/s 80IA is mandatory for both assessee and revenue to allow/claim, once initial assessment year is selected as there…

5 years ago
  • Income Tax

Section 80IA deduction for installation of traffic signal and pedestrian foot bridge allowed

Section 80IA deduction for installation of traffic signal and pedestrian foot bridge allowed as infrastructure facility being integral part of…

6 years ago
  • Income Tax

Deduction u/s 80IA claimed in return filed after issue of notice u/s 153A allowable. SC dismisses SLP of ITD

Deduction u/s 80IA claimed in return filed after issue of notice u/s 153A allowable. Supreme Court dismisses SLP of ITD.…

6 years ago
  • Income Tax

Inclusion of period of deduction u/s 80-IA and 80-IB for counting ten years for Section 80-IC clarified by Supreme Court

Inclusion of period of deduction u/s 80-IA and 80-IB for counting ten years for Section 80-IC is limited to industrial…

6 years ago