https://www.taxtmi.com/forum/issue?id=3727 Whether the tax exemption under 80IC continues after conversion from a sole proprietorship to a partnership is disputed: one position treats the exemption as attached to the undertaking so continuation is allowed if the business is not an extension, while the other treats the change of constitution as creating a new assessee and disallowing the remaining exemption period. en-us Tue, 10 Jan 2012 13:38:44 +0530 Thu, 23 Jan 2025 15:58:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3727 Whether the tax exemption under 80IC continues after conversion from a sole proprietorship to a partnership is disputed: one position treats the exemption as attached to the undertaking so continuation is allowed if the business is not an extension, while the other treats the change of constitution as creating a new assessee and disallowing the remaining exemption period. Discussion-Forum Income Tax Tue, 10 Jan 2012 13:38:44 +0530 https://www.taxtmi.com/forum/issue?id=3727