Section 80IC(8)(ix) in The Income Tax Act, 1961

[Cites 0, Cited by 81] [Section 80IC(8)] [Section 80IC] [Entire Act]

Union of India - Subsection

Section 80IC(8)(ix) in The Income Tax Act, 1961

(ix)"Substantial expansion" means increase in the investment in the plant and machinery by at least fifty per cent. of the book value of plant and machinery (before taking depreciation in any year), as on the first day of the previous year in which the substantial expansion is undertaken;

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Union of India - Subsection

Section 80IC(8)(ix) in The Income Tax Act, 1961