https://www.taxtmi.com/acts?id=8636 An additional proviso conditions deduction under section 80-IB for undertakings starting mineral oil refining on or after 1 April 2009 on public-sector majority ownership, Central Government notification by 31 May 2008, and commencement of refining by 31 March 2012. A new sub-section (11C) provides a hundred per cent deduction for five consecutive assessment years for qualifying hospitals (constructed and starting within a prescribed period, with at least one hundred beds, compliant with local regulations, and supported by a prescribed audit report), and defines construction date, initial assessment year and excluded areas. en-us Thu, 01 May 2008 18:02:29 +0530 Fri, 02 May 2008 09:35:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8636 An additional proviso conditions deduction under section 80-IB for undertakings starting mineral oil refining on or after 1 April 2009 on public-sector majority ownership, Central Government notification by 31 May 2008, and commencement of refining by 31 March 2012. A new sub-section (11C) provides a hundred per cent deduction for five consecutive assessment years for qualifying hospitals (constructed and starting within a prescribed period, with at least one hundred beds, compliant with local regulations, and supported by a prescribed audit report), and defines construction date, initial assessment year and excluded areas. Act-Rules F. Acts / Amendment Acts Thu, 01 May 2008 18:02:29 +0530 https://www.taxtmi.com/acts?id=8636