Thursday, March 12, 2020

Tax Deduction is available on Profits under Business Head for Infrastructure Development Facility: SC [Read Judgment]

The Supreme Court held that the tax deduction is available on profits under the business head for Infrastructure development facility under section 80­IA of the Income Tax Act. The partnership firm ­ M/s. Chetak Enterprises entered into an agreement with the Government of Rajasthan for construction of road and collection of road/toll tax. The construction […]

The post Tax Deduction is available on Profits under Business Head for Infrastructure Development Facility: SC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws https://ift.tt/39Qk7JC

No comments:

Post a Comment