Deduction under section 80-IB limited: specified clauses disapply for enterprises commencing on or after 1 April 2017. Amendment disapplies clauses (ii), (iv) and (v) of sub section (9) so that the enhanced deduction for undertakings in specified areas is not available to ... Summary
Deduction under section 80-IB limited: specified clauses disapply for enterprises commencing on or after 1 April 2017.
Amendment disapplies clauses (ii), (iv) and (v) of sub section (9) so that the enhanced deduction for undertakings in specified areas is not available to enterprises which commence business on or after 1 April 2017; the amendment takes effect from 1 April 2017 and applies to the relevant assessment year and subsequent years.
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