Benefit of deduction u/.s 80 K.

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.... the benefit u/.s 80 K of the I.T.Act in the hands of the shareholders where the company does not possess adequate profits to get a deduction of the full amount mentioned in sec.80 J(1). The board have decided that the shareholder would be entitled to the benefit u/s.80 K of the Act only if the company has obtained the deduction u/s.80 J and only to the extent of the actual deduction obtained by t....