corporate and professional updates 20th sept. 2018
corporate and professional updates 20th sept. 2018 Direct Tax: Bombay High Court held that deduction under section 80IA can be claimed without excluding deduction under section 80HHC. M/s. Indian Gum Industries Ltd. Vs JCIT (Bombay High Court) ITAT Delhi held that depreciation on IPR cannot be disallowed merely for non use in Manufacturing. Commissioner of income tax …