cold storage deduction u/s 80IC

[satbir singhwahi]

Cold storage in Himachal pradesh whether eligible for deduction u/s 80IC

AI Summary

Debate on Cold Storage Facilities' Eligibility for Deductions Under Section 80IC of Income Tax Act; Schedule 14 Exclusion Discussed. A discussion on whether cold storage facilities in Himachal Pradesh qualify for deductions under Section 80IC of the Income Tax Act garnered three replies. One participant referenced a legal judgment involving various companies and individuals to provide context. Another participant questioned whether cold storage activities are included in Schedule Fourteen of Section 80IC. A response indicated that cold storage activities are not listed in Schedule Fourteen, but advised verifying the exhaustive list independently.