Depreciation has to be taken into account for computing profits eligible for deduction U/s. 80-IA

Plastiblends India Limited Vs Addl. Commissioner of Income Tax (Supreme Court of India)

Section 80-IA of the Income Tax Act, 1961 (hereinafter referred to as the ‘Act’) provides deductions in respect of profits and gains from industrial undertakings

Please become a Premium member. If you are already a Premium member, login here to access the full content.