before us, it is submitted by the ld. Counsel
that in Section 80IB(11A) an undertaking deriving profit from business of
processing, preservation and packaging ... Assessment Year 2002-03. He also
submitted that the provision of section 80IB(11A) is an incentive provision
and therefore, it should be interpreted liberally
filed a return of
income on 16.10.2011 claiming deduction u/s. u/s. 80IB(11A). The due
date for filing the return of income ... date u/s 139(4) . The only reason for
which the appellant was denied deduction u/s 80IB (11A) was
this delay in filing
That the appellant's claim f or deduction under
section 80IB(11A) be a l l o we d since the
appellant qual ... project for the purpose of claiming deduction
under section 80IB(11A). He has submitted that the
Tribunal in these paras has concluded that assessee
entitled to the deduction
under Section 80IB(4) of the Income Tax Act.
Question No.2.
17. Section 80IB (4) of the Act reads thus ... eligible for deduction under Section 80IB (4) of the Act though are
necessarily to be computed after allowing depreciation under Section
entitled to the deduction
under Section 80IB(4) of the Income Tax Act.
Question No.2.
17. Section 80IB (4) of the Act reads thus ... eligible for deduction under Section 80IB (4) of the Act though are
necessarily to be computed after allowing depreciation under Section
entitled to the deduction
under Section 80IB(4) of the Income Tax Act.
Question No.2.
17. Section 80IB (4) of the Act reads thus ... eligible for deduction under Section 80IB (4) of the Act though are
necessarily to be computed after allowing depreciation under Section
entitled to the deduction
under Section 80IB(4) of the Income Tax Act.
Question No.2.
17. Section 80IB (4) of the Act reads thus ... eligible for deduction under Section 80IB (4) of the Act though are
necessarily to be computed after allowing depreciation under Section
assessee carries
on the activity of only developing. Section 80-IB reads as follows:
"80IB.Deduction in respect of profits and gains from certain ... gains derived from any business
referred to in sub-sections (3) to(11), (11A) and (11B) (such
business being hereinafter referred to as the eligible
entitled to the deduction
under Section 80IB(4) of the Income Tax Act.
Question No.2.
17. Section 80IB (4) of the Act reads thus ... eligible for deduction under Section 80IB (4) of the Act though are
necessarily to be computed after allowing depreciation under Section
entitled to the deduction
under Section 80IB(4) of the Income Tax Act.
Question No.2.
17. Section 80IB (4) of the Act reads thus ... eligible for deduction under Section 80IB (4) of the Act though are
necessarily to be computed after allowing depreciation under Section
