CBDT Circular on deduction on profits & gains from industrial enterprises engaged in infrastructure development

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SECTION 80-IA, SUB-CLAUSE (iii) OF SUB-SECTION (4) OF THE INCOME-TAX ACT, 1961 – DEDUCTIONS – PROFITS AND GAINS FROM INDUSTRIAL UNDERTAKINGS, OR ENTERPRISES ENGAGED IN INFRASTRUCTURE DEVELOPMENT, ETC. – ELIGIBILITY OF DEDUCTION UNDER SECTION 80-IA FOR UNEXPIRED PERIOD

CIRCULAR NO. 10/2014 [F.NO.178/84/2012-ITA-I], DATED 6-5-2014

Section 80-IA of the Income-tax Act, 1961 (hereafter referred to as ‘Act’) deals with deduction in respect of profits & gains derived by an undertaking or enterprise engaged in developing, operating and maintaining any infrastructure facility, industrial park etc. The undertakings or enterprises eligible for availing deduction under this section have been specified under sub-section (4) of the said section and can broadly be classified as under:-

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