Court Rules Section 80A Inapplicable for Taxpayer's Deduction Claim u/s 80IB(7)(a) of Income Tax Act.

Court Rules Section 80A Inapplicable for Taxpayer's Deduction Claim u/s 80IB(7)(a) of Income Tax Act. https://www.taxtmi.com/highlights?id=33320 Deduction u/s 80IB(7) - While claiming deduction u/s 80 IB(7) in the return, sub-clause mentioned was (a) and not (b) - Sub-clause (a) talks of a larger degree of deduction and if that was not admissible a smaller degree of deduction, under same section but in another sub-clause could have been allowed - Section 80A has no application - HC en-us Thu, 16 Feb 2017 08:15:55 +0530 Thu, 16 Feb 2017 08:15:55 +0530 TaxTMI RSS Generator Court Rules Section 80A Inapplicable for Taxpayer's Deduction Claim u/s 80IB(7)(a) of Income Tax Act. https://www.taxtmi.com/highlights?id=33320 Deduction u/s 80IB(7) - While claiming deduction u/s 80 IB(7) in the return, sub-clause mentioned was (a) and not (b) - Sub-clause (a) talks of a larger degree of deduction and if that was not admissible a smaller degree of deduction, under same section but in another sub-clause could have been allowed - Section 80A has no application - HC Highlights Income Tax Thu, 16 Feb 2017 08:15:55 +0530 https://www.taxtmi.com/highlights?id=33320