Under Section 80Ic
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 June 2010
Assessee is claiming the benifits U/s 80Ic
of Income Tax Act from last 3yrs.
Now he wants to close this unit established under specific zone.
Can he closed this unit ?
what are the liabilities lies on the Asseessee under Income Tax Act if he closed down its unit.
of Income Tax Act from last 3yrs.
Now he wants to close this unit established under specific zone.
Can he closed this unit ?
what are the liabilities lies on the Asseessee under Income Tax Act if he closed down its unit.
CA Sanat Pyne
(Expert)
23 June 2010
yes he can close that unit.
According to me no liabilities will occur on him.
According to me no liabilities will occur on him.
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