Start-up deduction timing extended as applicability year is shifted forward under amendment to section 80-IAC. The Income-tax Act amendment substitutes the year reference in the Explanation to section 80-IAC, replacing the figure 2024 with 2025 in clause (ii)(a), ... Summary
Start-up deduction timing extended as applicability year is shifted forward under amendment to section 80-IAC.
The Income-tax Act amendment substitutes the year reference in the Explanation to section 80-IAC, replacing the figure 2024 with 2025 in clause (ii)(a), thereby shifting the temporal applicability specified by that sub-clause.
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