A two-judge bench of the Madras High Court held that the term “foreign projects” for the purpose of Income Tax deduction under section 80HHB(2)(b)(ii) of the Income Tax Act, 1961 would also include the works done in connection with shut down of the refinery. In the instant case, the assessee entered into a Company in […]
The post Deduction for “Foreign project” available to Works in connection with Shut Down of Refinery: Madras HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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