https://www.taxtmi.com/forum/issue?id=2572 Whether a company that previously claimed a period of full industrial deduction may claim another period by undertaking substantial expansion is disputed; commentators say expansion can permit a further full deduction, though others question applying expansion relief to pre existing beneficiaries. The discussion notes an effective cumulative duration limit on deductions, a lack of explicit statutory prohibition on repeat claims by previously benefited firms, a tribunal order cited for relevance, and potential Minimum Alternate Tax consequences when claiming successive deduction periods. en-us Thu, 30 Dec 2010 11:48:34 +0530 Thu, 23 Jan 2025 15:58:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2572 Whether a company that previously claimed a period of full industrial deduction may claim another period by undertaking substantial expansion is disputed; commentators say expansion can permit a further full deduction, though others question applying expansion relief to pre existing beneficiaries. The discussion notes an effective cumulative duration limit on deductions, a lack of explicit statutory prohibition on repeat claims by previously benefited firms, a tribunal order cited for relevance, and potential Minimum Alternate Tax consequences when claiming successive deduction periods. Discussion-Forum Income Tax Thu, 30 Dec 2010 11:48:34 +0530 https://www.taxtmi.com/forum/issue?id=2572