Deduction in the case of an Indian company in respect of royalties, etc., received from any concern in India [Omitted by the Finance Act, 1983, w.e.f. 1-4-1984. Original section was inserted by the Finance Act, 1969, w.e.f. 1-4-1970.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal […]

Deduction in respect of certain inter-corporate dividends (1) Where the gross total income of a domestic company in any previous year includes any income by way of dividends from any other domestic company or a foreign company or a business trust, there shall, in accordance with and subject to the provisions of this section, be

Deductions in respect of certain incomes of Offshore Banking Units and International Financial Services Centre (1) Where the gross total income of an assessee, being a scheduled bank, or, any bank incorporated by or under the laws of a country outside India; and having an Offshore Banking Unit in a Special Economic Zone, includes any

Deductions in respect of interest on certain securities, dividends, etc [Omitted by the Finance Act, 2005, w.e.f. 1-4-2006.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit |

Deduction in respect of dividends attributable to profits and gains from new industrial undertakings or ships or hotel business  [Omitted by the Finance Act, 1986, w.e.f. 1-4-1987. Original section was inserted, in place of section 85 which was deleted, by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968.] Practice area’s of B K Goyal &

Deduction in respect of employment of new employees (1) Where the gross total income of an assessee to whom section 44AB applies, includes any profits and gains derived from business, there shall, subject to the conditions specified in sub-section (2), be allowed a deduction of an amount equal to thirty per cent of additional employee cost incurred

Deduction in respect of profits and gains from business of collecting and processing of bio-degradable waste Where the gross total income of an assessee includes any profits and gains derived from the business of collecting and processing or treating of bio-degradable waste for generating power or producing bio-fertilizers, bio-pesticides or other biological agents or for

Deduction in respect of profits and gains from business of poultry farming [Omitted by the Finance Act, 1997, w.e.f. 1-4-1998.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration |

Deduction in respect of profits and gains from newly established industrial undertakings or ships or hotel business in certain cases [Omitted by the Finance (No. 2) Act, 1996, w.r.e.f. 1-4-1989.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST

Special provisions in respect of certain undertakings in North-Eastern States (1) Where the gross total income of an assessee includes any profits and gains derived by an undertaking, to which this section applies, from any business referred to in sub-section (2), there shall be allowed, in computing the total income of the assessee, a deduction