Corporate and Professional updates 12th march 2018
Direct Tax: Uttarakhand HC allows Revenue’s appeal, denies Sec. 10B benefit to assessee (engaged in manufacture of handicrafts) for AY 2009-10; Notes that assessee claimed deduction u/s. 80HHC from AYs 1992-93 to 2003-04 and u/s. 80IC from AYs 2004-05 to 2008-09 and it started claiming deduction u/s.10B from subject AY 2009-10; [TS-108-HC-2018(UTT)] Delhi HC sets-aside Central Information …