Tax Deduction Denial u/s 80IB Overturned; Factory License Delay Not Grounds for Benefit Denial.

Tax Deduction Denial u/s 80IB Overturned; Factory License Delay Not Grounds for Benefit Denial. https://www.taxtmi.com/highlights?id=20801 Deduction u/s 80IB - Delay in seeking Factory License - If there is any violation of any provisions of any other statutes then the assessee has to explain the same to the authorities implementing those Acts/Statutes and the same cannot be the basis of denial of benefit under Section 80IB - AT en-us Thu, 27 Nov 2014 06:50:22 +0530 Thu, 27 Nov 2014 06:50:22 +0530 TaxTMI RSS Generator Tax Deduction Denial u/s 80IB Overturned; Factory License Delay Not Grounds for Benefit Denial. https://www.taxtmi.com/highlights?id=20801 Deduction u/s 80IB - Delay in seeking Factory License - If there is any violation of any provisions of any other statutes then the assessee has to explain the same to the authorities implementing those Acts/Statutes and the same cannot be the basis of denial of benefit under Section 80IB - AT Highlights Income Tax Thu, 27 Nov 2014 06:50:22 +0530 https://www.taxtmi.com/highlights?id=20801