Just a moment...

⚠✕
Report
ReportReport
Welcome to TaxTMI ✕

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Report an Error ✕
Type of Error :
Please tell us about the error :
Min 15 characters0/2000
TMI Blog
Home /
PreviousNext

Regarding admissibility of Sec 80MM benefits.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....how under an agreement approved by the board in this behalf qualifies for 40 % deduction in computing the total income of the company. Before granting approval u/s.80 MM the board satisfies itself that the activities or services as mentioned in the agreement amount to provision of technical know-how or rendering or services in connection there with. However the boards approval of the agreement doe....

PreviousNext