Dear All,
Here is a small query. request your kind attention!
''A "started its business in year 2009. it was engaged in processing of bio mediacal waste. it availed the benefit of section 80 JJA for the next 5 years.
however in 2011 it had licensed (transfererd ) all the business to another entity namely 'B'. question here is whetrher the B (licensee) can avail the benefit of 80 JJA for the remaining years.
Supporting case laws if any . thanking you in advance.