https://www.taxtmi.com/highlights?id=46946 Deduction u/s 80IB - investment threshold limits in Plant and Machinery - assessee has to fulfill criteria as laid down u/s 80IB(14)(g) every year as every assessment year is a separate unit - the Section 80IB(14)(g) in turn refers to IDR Act, 1951 and not MSME Act, 2006. Thus, notifications issued under IDR Act, 1951 will hold the field en-us Tue, 04 Jun 2019 08:24:45 +0530 Tue, 04 Jun 2019 08:24:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46946 Deduction u/s 80IB - investment threshold limits in Plant and Machinery - assessee has to fulfill criteria as laid down u/s 80IB(14)(g) every year as every assessment year is a separate unit - the Section 80IB(14)(g) in turn refers to IDR Act, 1951 and not MSME Act, 2006. Thus, notifications issued under IDR Act, 1951 will hold the field Highlights Income Tax Tue, 04 Jun 2019 08:24:45 +0530 https://www.taxtmi.com/highlights?id=46946