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No Deductions Granted: Business Activities Not Eligible u/s 80IA(4) of Income Tax Act for Infrastructure Facilities.

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Full Text of the Document

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....Deduction u/s 80IA(4) - On perusal of the balance sheet it was found that the there is no income earned from eligible business of developing, operating and maintaining any infrastructural facilities as laid down in sub-section (4) of section 80IA - no deduction....