Industrial undertaking - As per section 80IA(3)(ii), once the machinery or plant previously used for any purpose is transferred to a new business, the concerned undertaking is not entitled for deduction - Tri - Income Tax - Highlights

Income Tax - Dated - 6-12-2013 - Industrial undertaking - As per section 80IA(3)(ii), once the machinery or plant previously used for any purpose is transferred to a new business, the concerned undertaking is not entitled for deduction - Tri - TMI Tax Updates - Highlights ................................... Income Tax - Highlights