Section 80IA: Deduction should be calculated for each eligible business unit, not the entire business.

Section 80IA: Deduction should be calculated for each eligible business unit, not the entire business. https://www.taxtmi.com/highlights?id=60718 Deduction u/s 80IA - the scope of deduction under Section 80IA of the Act is limited to determination of quantum of deduction by treating eligible business as the only source of income. Therefore, the deduction cannot be denied because the deduction under Section 80IA has to be computed unit wise and not for the business as a whole. - HC en-us Wed, 01 Dec 2021 14:22:42 +0530 Wed, 01 Dec 2021 14:22:42 +0530 TaxTMI RSS Generator Section 80IA: Deduction should be calculated for each eligible business unit, not the entire business. https://www.taxtmi.com/highlights?id=60718 Deduction u/s 80IA - the scope of deduction under Section 80IA of the Act is limited to determination of quantum of deduction by treating eligible business as the only source of income. Therefore, the deduction cannot be denied because the deduction under Section 80IA has to be computed unit wise and not for the business as a whole. - HC Highlights Income Tax Wed, 01 Dec 2021 14:22:42 +0530 https://www.taxtmi.com/highlights?id=60718