Computation of profits of certain activities forming integral part of a highway project for the purpose of section 80-IA

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Full Text of the Document

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....ction 80-IA, the profits of housing or other activities, which are integral part of a highway project, shall be computed on the basis and manner specified below : (i) in a case where the annual profits of the housing or other activities which are integral part of a highway project can be arrived at in accordance with the regular method of accounting followed, the profits so arrived a....