13 April 2010
NO DEDUCTION U/S 80HHC IS AVAILABLE FROM THE AY 2005-06.
DEDUCTION U/S 80-IB IS AVAILABLE TO DIFF INDUSTRIAL UNDERTAKING AS FOLLOWS-
1) BUSINESS OF AN INDUSTRIAL UNDERTAKING 2) OPERATION OF SHIP 3) HOTELS 4) INDUSTRIAL RESEARCH 5) PRODUCTION OF MINERAL OIL 6) DEVELOPING AND BUILDING HOUSING PROJECTS 7) MULTIPLEX THEATRES 8) CONVENTION CENTRE 9) OPERATING AND MAINTAINING A HOSPITAL IN RURAL AREA 10) BUSINESS OF PROCESSING, PRESERVATION AND PACKAGING OF FRUITS OR VEGETABLES OR INTEGRATED HANDLING, STORAGE AND TRANSPORTATION OF FOOD GRAINS UNITS.
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