Deduction available to industries engaged in infrastructure development (Section 80-IA)
* * * * * Common Conditions: 1. Deduction u/s 80-IA/80-ID/80-IE will be allowed only if the assessee furnishes the return of income u/s 139(1) 2. Period of deduction-Assessment years: a) For any 10 consecutive years out of 15 years beginning from the year in which the undertaking or the enterprise- Develops and begins to […]
Read MoreDeduction available for assessees contributed to approved projects and schemes (Section 80GGA)
This deduction is available for assessees not having any income chargeable under the head Profits and Gains of Business or Profession, but have contributed to approved projects and schemes.
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