Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Rehabilitation allowance: deduction for re-established industrial undertakings after destruction, subject to statutory withdrawal and conditions. Rehabilitation allowance permits a deduction when an industrial undertaking discontinues business due to extensive damage or destruction of assets from specified catastrophic events and the business is re-established within three years; the allowance equals sixty per cent of the depreciation deduction otherwise allowable in respect of the damaged or destroyed assets for the year of re-establishment.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Rehabilitation allowance: deduction for re-established industrial undertakings after destruction, subject to statutory withdrawal and conditions.
Rehabilitation allowance permits a deduction when an industrial undertaking discontinues business due to extensive damage or destruction of assets from specified catastrophic events and the business is re-established within three years; the allowance equals sixty per cent of the depreciation deduction otherwise allowable in respect of the damaged or destroyed assets for the year of re-establishment.
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