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Applicability of Section 80IA

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26 June 2008 1.A (Indian Company) having 49% shareholding has entered into a JV with B (Foreign company) having 51% share holding for development of Infrastructure facility in India. Is 80IA applicable. other Conditions are fulfilled.

2.A (Indian Company) having 51% shareholding has entered into a JV with B (Foreign company) having 49% share holding for development of Infrastructure facility in India. Is 80IA applicable. other Conditions are fulfilled.
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Yogesh Kumar Wadhwani

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Yogesh Kumar Wadhwani (Querist)
26 June 2008 1
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
26 June 2008 It has to fulfill subsection (4).
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