https://www.taxtmi.com/highlights?id=53274 Deduction u/s 80IC - @ 25 % OR 100% - Claim during the 7th year - even when an old unit completes substantial expansion, such a unit also becomes entitled to avail the benefit of Section 80-IC. If that is the purpose of the legislature, we see no reason as to why 100% deduction of the profits and gains be not allowed to even those units who had availed this deduction on setting up of a new unit and have now invested huge amount with substantial expansion of those units en-us Sat, 02 May 2020 08:44:14 +0530 Sat, 02 May 2020 08:44:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53274 Deduction u/s 80IC - @ 25 % OR 100% - Claim during the 7th year - even when an old unit completes substantial expansion, such a unit also becomes entitled to avail the benefit of Section 80-IC. If that is the purpose of the legislature, we see no reason as to why 100% deduction of the profits and gains be not allowed to even those units who had availed this deduction on setting up of a new unit and have now invested huge amount with substantial expansion of those units Highlights Income Tax Sat, 02 May 2020 08:44:14 +0530 https://www.taxtmi.com/highlights?id=53274