Assessee Denied Deduction u/s 80IB: SSI Benefit Not Met Due to Plant and Machinery Value Exceeding 3 Crore Limit.

Assessee Denied Deduction u/s 80IB: SSI Benefit Not Met Due to Plant and Machinery Value Exceeding 3 Crore Limit. https://www.taxtmi.com/highlights?id=5813 SSI Benefit - value of plant and machinery - limit of 3 crore - Since the assessee did not comply with the conditions of the Proviso to clause (iii) of subsection 2 of section 80IB, it is not eligible for claiming deduction u/s 80B of the Act - AT en-us Wed, 17 Oct 2012 12:48:43 +0530 Wed, 17 Oct 2012 12:48:43 +0530 TaxTMI RSS Generator Assessee Denied Deduction u/s 80IB: SSI Benefit Not Met Due to Plant and Machinery Value Exceeding 3 Crore Limit. https://www.taxtmi.com/highlights?id=5813 SSI Benefit - value of plant and machinery - limit of 3 crore - Since the assessee did not comply with the conditions of the Proviso to clause (iii) of subsection 2 of section 80IB, it is not eligible for claiming deduction u/s 80B of the Act - AT Highlights Income Tax Wed, 17 Oct 2012 12:48:43 +0530 https://www.taxtmi.com/highlights?id=5813