TaxTMI 
TaxTMI 
Clarification - Deduction u/s 80IC
X X X X Extracts X X X X
X X X X Extracts X X X X
....larification - Deduction u/s 80IC<br> Query (Issue) Started By: - DEEPAK GOYAL Dated:- 29-7-2009 Last Reply Date:- 30-7-2009 Income Tax<br>Got 1 Reply<br>Income Tax<br>An enterprise is having its unit....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... in Baddi and availing deduction u/s 80IC, from last two yrs, now it has started two other units, one at same address and other at different address, will deduction be seperately available to each uni....
X X X X Extracts X X X X
X X X X Extracts X X X X
....t independently, or it will be available collectively for all the units. Reply By Surender Gupta: The Reply: You need to ascertain first that the case is of expansion of existing unit or establishmen....
X X X X Extracts X X X X
X X X X Extracts X X X X
....t of a new unit. If it is an expansion of new unit, the exemption granted under section 80IC would be merged with the existing exemption of that unit. In case it is establishment of a new unit, you ma....
X X X X Extracts X X X X
X X X X Extracts X X X X
....y get exemption separately for each units.<br> Discussion Forum - Knowledge Sharing ....