https://www.taxtmi.com/highlights?id=15829 Deduction u/s 80IB r.w.s 41(1) - in the year of writing back of liabilities, as not payable, and credited the same amount in the profit & loss account, the character of the receipt remains to be profit to the eligible undertaking, and hence, eligible for deduction under section 80IB - AT en-us Sat, 16 Nov 2013 13:37:30 +0530 Sat, 16 Nov 2013 13:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=15829 Deduction u/s 80IB r.w.s 41(1) - in the year of writing back of liabilities, as not payable, and credited the same amount in the profit & loss account, the character of the receipt remains to be profit to the eligible undertaking, and hence, eligible for deduction under section 80IB - AT Highlights Income Tax Sat, 16 Nov 2013 13:37:30 +0530 https://www.taxtmi.com/highlights?id=15829