Section 80ic

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 November 2011 Whether, manufacturing of UPS and Inverters in Himachal Pradesh, India are eligible for deduction u/s 80IC of the IT Act 1956
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
07 November 2011 Manufacturing of UPS and Inverters is not covered under Schedule XIII of the IT Act, and possibilities of getting Deduction U/s 80IC are bright. Please consult a CA in HP or nearby area. Refer Section 80IC 2(a)(ii)
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 November 2011 Thanks sir, but luminos already setup in HP
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