High Court Rules Growing Business Can Still Claim Section 80IB Deduction Despite Exceeding SSI Definition Limits.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Claim of deduction u/s 80IB(3) – Status of SSI ceased in 9th year - Merely because an industry stabilizes early, makes profits, makes future investment in the said business, and it goes out of the definition of the small scale industry, the benefit u/s 80IB cannot be denied - HC....