Any body kindly provide me the compleet list of requirments to be fuilfilled for Sec 80IC
THANX
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Requirments for Sec 80ic
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Dear Sailesh,
If you read section 80IC, it clearly says that there are certain areas e.g. Uttranchal, Himachal Pradesh etc. where if you set up a new undertaking then you get 100% deduction under Income Tax Act for certain years.
As a CA, we have to give a report in Form 10CCB.
With Regards,
CA. Sunil Garg.
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