https://www.taxtmi.com/highlights?id=64652 Deduction u/s 80IB - undertaking not qualifying as an SSI (Small Scale Industry) unit - Considering our finding above of inclusion of computers cost, patterns, fixtures and factory equipment and product development and preoperative cost, this alone makes the assessee ineligible to SSI status as per IDRA Act and it can be safely held accordingly therefore that the assessee is not eligible to deduction u/s 80IB of the Act. - AT en-us Sat, 16 Jul 2022 09:21:31 +0530 Sat, 16 Jul 2022 09:21:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64652 Deduction u/s 80IB - undertaking not qualifying as an SSI (Small Scale Industry) unit - Considering our finding above of inclusion of computers cost, patterns, fixtures and factory equipment and product development and preoperative cost, this alone makes the assessee ineligible to SSI status as per IDRA Act and it can be safely held accordingly therefore that the assessee is not eligible to deduction u/s 80IB of the Act. - AT Highlights Income Tax Sat, 16 Jul 2022 09:21:31 +0530 https://www.taxtmi.com/highlights?id=64652