Inland Container Depots qualify as Inland Ports u/s 80-IA of the Income Tax Act, allowing tax deductions.

Inland Container Depots qualify as Inland Ports u/s 80-IA of the Income Tax Act, allowing tax deductions. https://www.taxtmi.com/highlights?id=57474 Deduction u/S 80IA on Inland Container Depot - Unless shown otherwise, it cannot be held that the term ‘Inland Ports' is used differently under Section 80-IA of the IT Act. All these facts taken together clear the position beyond any doubt that the ICDs are Inland Ports and subject to the provisions of the 17 Section and deduction can be claimed for the income earned out of these Depots. - AT en-us Mon, 05 Apr 2021 11:07:59 +0530 Mon, 05 Apr 2021 11:07:59 +0530 TaxTMI RSS Generator Inland Container Depots qualify as Inland Ports u/s 80-IA of the Income Tax Act, allowing tax deductions. https://www.taxtmi.com/highlights?id=57474 Deduction u/S 80IA on Inland Container Depot - Unless shown otherwise, it cannot be held that the term ‘Inland Ports' is used differently under Section 80-IA of the IT Act. All these facts taken together clear the position beyond any doubt that the ICDs are Inland Ports and subject to the provisions of the 17 Section and deduction can be claimed for the income earned out of these Depots. - AT Highlights Income Tax Mon, 05 Apr 2021 11:07:59 +0530 https://www.taxtmi.com/highlights?id=57474