https://www.taxtmi.com/highlights?id=55761 Deduction u/s.80IB(9) - Disallowance on aborted blocks - the deduction u/s 80IB(9) has to be computed after ascertaining profits and gains of eligible business in terms of sec. 80IA(5) of the Act. Hence there is no scope to adjust expenses relating to other “undertaking” while computing deduction u/s 80IB(9) of the Act. - AT en-us Sat, 05 Dec 2020 18:01:05 +0530 Sat, 05 Dec 2020 18:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55761 Deduction u/s.80IB(9) - Disallowance on aborted blocks - the deduction u/s 80IB(9) has to be computed after ascertaining profits and gains of eligible business in terms of sec. 80IA(5) of the Act. Hence there is no scope to adjust expenses relating to other “undertaking” while computing deduction u/s 80IB(9) of the Act. - AT Highlights Income Tax Sat, 05 Dec 2020 18:01:05 +0530 https://www.taxtmi.com/highlights?id=55761