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Sum received from sharing infrastructure facilities with other telecom co. eligible for sec. 80-IA deduction
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Corporate Tax
Sum received from sharing infrastructure facilities with other telecom co. eligible for sec. 80-IA deduction
Posted on
on
February 23, 2019
Tenet Tax Daily February 21 2019
By
tenettax-team
Corporate Tax
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No denial of exemption just because society earned profit while carrying out charitable activities
AO couldn’t apply Rule 8D just because interest free & interest bearing funds were used for making investment