Applicability of Section 80IA


This query is : Resolved 

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.


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


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