Deduction under Section 80E/80-I of Income Tax Act, 1961.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Section 80-I with effect from 1.4.68 by Finance (No.2) Act, 1967, the relevant provisions were contained in Section 80E. A question has arisen as to whether income received by an assessee company covered by aforesaid Section 80E/80-I for provision of technical know-how, in the manufacture of articles or things specified in the list of priority industries (V Schedule to the Income-tax Act), to a p....