Saturday, April 18, 2015

[aaykarbhavan] Reassessment upheld as assessee claimed sec. 80-IB relief without declaring that he didn't have license to manufacture



Reassessment upheld as assessee claimed sec. 80-IB relief without declaring that he didn't have license to manufacture

April 18, 2015[2015] 56 taxmann.com 86 (Bombay)
IT : Where during original assessment proceedings, assessee-company had not declared to department that it did not possess factory license to manufacture and claimed deduction under section 80-IB, initiation of re-assessment proceedings was justified
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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