Part DCASafe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC )
Computation of capital employed: rule removed from Income-tax Rules by amendment, affecting industrial undertakings and hotels. Rule 19 of the Income-tax Rules, 1962, which governed computation of capital employed in industrial undertakings and hotels for tax reliefs, was omitted ... Summary
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Computation of capital employed: rule removed from Income-tax Rules by amendment, affecting industrial undertakings and hotels.
Rule 19 of the Income-tax Rules, 1962, which governed computation of capital employed in industrial undertakings and hotels for tax reliefs, was omitted by the Income-tax (Fifth Amendment) Rules, 1989 with effect from 18-5-1989, removing the specific regulatory provision addressing that computation.
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