Deduction under section 80-O phased down across specified assessment years, ending with no deduction thereafter. Amendment to section 80-O prescribes phased deductions for income received in, or brought into, India: forty per cent. for the assessment year beginning 1 April 2001; thirty per cent. for 1 April 2002; twenty per cent. for 1 April 2003; ten per cent. for 1 April 2004; and no deduction for the assessment year beginning 1 April 2005 and thereafter.
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.
Deduction under section 80-O phased down across specified assessment years, ending with no deduction thereafter.
Amendment to section 80-O prescribes phased deductions for income received in, or brought into, India: forty per cent. for the assessment year beginning 1 April 2001; thirty per cent. for 1 April 2002; twenty per cent. for 1 April 2003; ten per cent. for 1 April 2004; and no deduction for the assessment year beginning 1 April 2005 and thereafter.
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