Amendment of section 80-IB.
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....e such undertaking begins refining of mineral oil on or after the 1st day of April, 2009, no deduction under this section shall be allowed in respect of such undertaking unless such undertaking fulfils all the following conditions, namely:— (i) it is wholly owned by a public sector company or any other company in which a public sector company or companies hold at least forty-nine per cent, of....
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....he period beginning on the 1st day of April, 2008 and ending on the 31st day of March, 2013; (ii) the hospital has at least one hundred beds for patients; (iii) the construction of the hospital is in accordance with the regulations or bye-laws of the local authority; and (iv) the assessee furnishes along with the return of income, a report of audit in such form and containing such p....


TaxTMI
TaxTMI