Taxpayer Entitled to Section 80IB(7) Deduction Despite Income Tax Officer's Delay, Says High Court.

Taxpayer Entitled to Section 80IB(7) Deduction Despite Income Tax Officer's Delay, Says High Court. https://www.taxtmi.com/highlights?id=33319 Deduction u/s 80IB(7) - For own lethargy or inaction on the part of an officer of Income Tax Department, a deduction which otherwise may be available to Assessee, cannot be denied since it is not a case where Assessee is disqualified being ineligible for such deduction but question of approval is pending before Competent Authority, who is a senior officer of Income Tax Department - HC en-us Thu, 16 Feb 2017 08:15:55 +0530 Thu, 16 Feb 2017 08:15:55 +0530 TaxTMI RSS Generator Taxpayer Entitled to Section 80IB(7) Deduction Despite Income Tax Officer's Delay, Says High Court. https://www.taxtmi.com/highlights?id=33319 Deduction u/s 80IB(7) - For own lethargy or inaction on the part of an officer of Income Tax Department, a deduction which otherwise may be available to Assessee, cannot be denied since it is not a case where Assessee is disqualified being ineligible for such deduction but question of approval is pending before Competent Authority, who is a senior officer of Income Tax Department - HC Highlights Income Tax Thu, 16 Feb 2017 08:15:55 +0530 https://www.taxtmi.com/highlights?id=33319