Court Rules Unit 4's High Profits Don't Justify Denial of Deductions u/ss 80-IA and 80-IB.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Deduction u/s 80-IA & 80-IB - revenue can not disregard the profits of Unit 4 only on the basis that the profits were significantly higher than profits earned from other undertakings. - HC....