Demergers and amalgamations are corporate actions that can have significant consequences for both the companies
Amount of deduction
The amount of deduction refers to the reduction in a taxpayer’s taxable income. Deductions are
Return of income
A return of income (role ) is a document that taxpayers submit to the government
Conditions
The word “conditions” has multiple meanings depending on the context. Here are some of the
Infrastructure Facilities (under section80-IA)
Infrastructure facilities under Section 80IA of the Income Tax Act, 1961, are defined as projects
Deduction under section 80-IA In respect of profits and gains from industrial undertaking or enterprises engaged in infrastructure development etc.
What is Section 80-IA? Section 80-IA is a tax deduction provision in the Income Tax
Deduction under section 80HHE in respect of profit from export of computer
Section 80HHE of the Income Tax Act of India provides a deduction for profits derived
Deduction in respect of export turnover (sec.80HHC)
The deduction in respect of export turnover (Section 80HHC) is an incentive provided under the
Deduction in respect of profit and gains from housing projects aided by world bank (sec80HHBA)
The deduction under Section 80HHBA of the Income Tax Act is available to an individual
Deduction in respect of profits and gains from projects outside India (sec8HHB)
Section 80HHB of the Income Tax Act provides a deduction for profits and gains derived