80IB
This query is : Resolved
06 January 2010
What are the conditions to be fulfilled by a partnership firm for claiming deduction u/s 80IB?
06 January 2010
Section 80-IB
DEDUCTION IN RESPECT OF PROFITS & GAINS OF CERTAIN INDUSTRIAL UNDERTAKINGS OTHER THAN INFRASTRUCTURE DEVELOPMENT UNDERTAKINGS
Persons Covered
Assessee carrying any of the eligible businesses through following industrial undertaking or enterprise:—
1.
Industrial Undertaking located in notified backward district, state or region or other places or Small scale industrial undertaking, engaged in manufacturing/producing any articles/things or operating its cold storage plant;
2.
Operation of ship;
3.
Hotels;
4.
Multiplex Theatres;
5.
Convention Centres;
6.
Scientific Research & Development;
7.
Production or refining of mineral oil;
8.
Developing and building housing projects;
9.
Operating cold chain facility for agricultural produce;
10.
Processing, preserving and packaging of fruits and vegetables or integrated business of handling, storage and transportation of food grains;
11.
Operating and maintaining hospital in any area other than excluded area.
DEDUCTION IN RESPECT OF PROFITS & GAINS OF CERTAIN INDUSTRIAL UNDERTAKINGS OTHER THAN INFRASTRUCTURE DEVELOPMENT UNDERTAKINGS
Persons Covered
Assessee carrying any of the eligible businesses through following industrial undertaking or enterprise:—
1.
Industrial Undertaking located in notified backward district, state or region or other places or Small scale industrial undertaking, engaged in manufacturing/producing any articles/things or operating its cold storage plant;
2.
Operation of ship;
3.
Hotels;
4.
Multiplex Theatres;
5.
Convention Centres;
6.
Scientific Research & Development;
7.
Production or refining of mineral oil;
8.
Developing and building housing projects;
9.
Operating cold chain facility for agricultural produce;
10.
Processing, preserving and packaging of fruits and vegetables or integrated business of handling, storage and transportation of food grains;
11.
Operating and maintaining hospital in any area other than excluded area.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
