Dividend Not Eligible for Deduction u/s 80IC of Income Tax Act Due to Lack of Direct Link to Profits.

Dividend Not Eligible for Deduction u/s 80IC of Income Tax Act Due to Lack of Direct Link to Profits. https://www.taxtmi.com/highlights?id=29405 Dividend received by the assessee has no direct nexus with the profits and gains derived from the manufacturing activity and industrial undertaking - Not eligible for claiming deduction u/s 80IC - AT en-us Tue, 24 May 2016 10:29:01 +0530 Tue, 24 May 2016 10:29:01 +0530 TaxTMI RSS Generator Dividend Not Eligible for Deduction u/s 80IC of Income Tax Act Due to Lack of Direct Link to Profits. https://www.taxtmi.com/highlights?id=29405 Dividend received by the assessee has no direct nexus with the profits and gains derived from the manufacturing activity and industrial undertaking - Not eligible for claiming deduction u/s 80IC - AT Highlights Income Tax Tue, 24 May 2016 10:29:01 +0530 https://www.taxtmi.com/highlights?id=29405