https://www.taxtmi.com/highlights?id=73766 Deduction u/s. 80IB - compensation received by the assessee from the insurance company - some of the assessee’s stocks were destroyed and the assessee was compensated by Oriental Insurance Company - compensation for lost goods - both the above sums are profits derived from industrial undertaking business eligible for deduction. - AT en-us Mon, 25 Dec 2023 16:14:11 +0530 Mon, 25 Dec 2023 16:14:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73766 Deduction u/s. 80IB - compensation received by the assessee from the insurance company - some of the assessee’s stocks were destroyed and the assessee was compensated by Oriental Insurance Company - compensation for lost goods - both the above sums are profits derived from industrial undertaking business eligible for deduction. - AT Highlights Income Tax Mon, 25 Dec 2023 16:14:11 +0530 https://www.taxtmi.com/highlights?id=73766