seperate books of account of New undertaking for sec-80 IA
This query is : Resolved
28 December 2009
we are claiming 30 % deduction for New undertaking of telecommunication operator u/s 80IA.
whether maintaining separate books of account is mandatory for all new undertaking for claiming deduction under section 80-IA?
Also seperate audit report is required for the same?
please help me.
whether maintaining separate books of account is mandatory for all new undertaking for claiming deduction under section 80-IA?
Also seperate audit report is required for the same?
please help me.
28 December 2009
Yes, separate books of accounts are mandatory. For claiming deduction u/s 80-IA you need a separate audit report from CA.
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