Insurance Money Excluded from Section 80-IA Tax Deductions Without Direct Business Connection, Court Rules.

Insurance Money Excluded from Section 80-IA Tax Deductions Without Direct Business Connection, Court Rules. https://www.taxtmi.com/highlights?id=6078 Deduction U/S 80IA - Insurance money received - in the absence of any nexus shown between the compensation received and the business activities of the industrial undertaking, the compensation could not be held as derived from the undertaking for the purpose of inclusion under Section 80-IA - HC en-us Wed, 21 Nov 2012 06:38:20 +0530 Wed, 21 Nov 2012 06:38:20 +0530 TaxTMI RSS Generator Insurance Money Excluded from Section 80-IA Tax Deductions Without Direct Business Connection, Court Rules. https://www.taxtmi.com/highlights?id=6078 Deduction U/S 80IA - Insurance money received - in the absence of any nexus shown between the compensation received and the business activities of the industrial undertaking, the compensation could not be held as derived from the undertaking for the purpose of inclusion under Section 80-IA - HC Highlights Income Tax Wed, 21 Nov 2012 06:38:20 +0530 https://www.taxtmi.com/highlights?id=6078