Eligibility for tax incentive expanded to include authorities and corporations constituted under Central or State Acts. The amendment adds an authority, board, corporation or any other body established or constituted under any Central or State Act to the existing reference ... Summary
Eligibility for tax incentive expanded to include authorities and corporations constituted under Central or State Acts.
The amendment adds an authority, board, corporation or any other body established or constituted under any Central or State Act to the existing reference to a consortium of companies in section 80-IA(4)(i)(a), thereby treating such statutory bodies as eligible entities for the provision; effective from 1 April 2006.
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