Indian Kanoon - Search engine for Indian Law

Section 80IB in The Income Tax Act, 1961 80IB. Deduction in respect of profits and gains from certain industrial undertakings other than infrastructure development undertakings

Radhe Developers), the assessee had claimed deduction under Section 80IB(10) of the Income Tax Act, 1961 ( " the Act" for short ... Officer, however, rejected the assessee's claim for deduction under Section 80IB(10) of the Act. The Assessing Officer was of the opinion that

different High Courts, all of whom had claimed the benefit of Section 80IB of the Income Tax Act ('Act' for short), namely, deduction ... ground that their cases were covered by sub- section (10) of Section 80IB which provides for deduction of 100% of profits in the case

holding that the assessee firm was eligible for claiming deduction under Section 80IB (10) of the Act wherein the assessee failed to fulfill the primary ... conditions laid down under Section 80IB (10) of the Act such as commencement of construction, area of plot and size of the flats constructed

right in deleting the disallowance of deduction u/s. 80IB(9) of the Act holding ITA Nos.1645 & 2876/Mum/2019 ITA Nos.2344 ... that the assessee shall be eligible to claim deduction u/s. 80IB(9) of the Act in respect of profits ―not allowed as deduction

hold that the assessee company is not eligible for claim of 80IB(3) deduction amounting to Rs.75,81,910/- and hence same is disallowed ... they fulfill the conditions mentioned in the concerned sub section of Section 80IB of the Act. Some of such concerns/industries are ship, hotel multiplex

Appellate Tribunal is right in allowing deduction u/s.80IB of the Income tax Act, 1961? (4) Whether in the circumstances and the facts Page ... sales to DTA areas are not export sale. Deduction under section 80IB of the Act would not be available on such sales. 4. The assessee

extent of Rs 2,70,48,517/- and under Section 80IB to the extent of Rs 3,04,15,236/-. 5. The Commissioner of Income ... derived from the Pondicherry unit and the deduction already allowed under Section 80IB to the extent of Rs 3,04,15,236/- was not reduced

assessed on customs duty drawback of Rs. 42,92,725/- under Section 80IB of the Act. 3. The Assessing Officer declined to grant a deduction ... materially different from the language used in Section 80IB of the Act. 5. The Revenue preferred an appeal before the Tribunal which dismissed the appeal

ITAT was justified in holding that the deduction u/s.80IB (10), as applicable prior to 1/4/2005 is admissible to a "Housing ... eligible for deduction on the entire profits of the project u/s.80IB(10) up to 1/4/2005 ? (iii) Whether on the facts