Deduction in respect of profits and gains from business of hotels and convention centres in specified area (1) Where the gross total income of an assessee includes any profits and gains derived by an undertaking from any business referred to in sub-section (2) (such business being hereinafter referred to as the eligible business), there shall, […]

Special provisions in respect of certain undertakings or enterprises in certain special category States (1) Where the gross total income of an assessee includes any profits and gains derived by an undertaking or an enterprise from any business referred to in sub-section (2), there shall, in accordance with and subject to the provisions of this

Deductions in respect of profits and gains from housing projects (1) Where the gross total income of an assessee includes any profits and gains derived from the business of developing and building housing projects, there shall, subject to the provisions of this section, be allowed, a deduction of an amount equal to hundred per cent

Deduction in respect of profits and gains from certain industrial undertakings other than infrastructure development undertakings (1) Where the gross total income of an assessee includes any profits and gains derived from any business referred to in sub-sections (3) to (11), (11A) and (11B) (such business being hereinafter referred to as the eligible business), there

The Indian government has extended the tax benefits for startups under Section 80-IAC of the Income Tax Act, 1961. Previously, only startups incorporated between April 1, 2016, and March 31, 2024, could claim tax deductions under this section. However, with the Finance Bill 2025, this deadline has been extended to March 31, 2030. This means

Deductions in respect of profits and gains by an undertaking or enterprise engaged in development of Special Economic Zone (1) Where the gross total income of an assessee, being a Developer, includes any profits and gains derived by an undertaking or an enterprise from any business of developing a Special Economic Zone, notified on or

Deductions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc (1) Where the gross total income of an assessee includes any profits and gains derived by an undertaking or an enterprise from any business referred to in sub-section (4) (such business being hereinafter referred to as the eligible

Deduction in respect of profits and gains from industrial undertakings after a certain date, etc (1) Where the gross total income of an assessee includes any profits and gains derived from an industrial undertaking or a ship or the business of a hotel or the business of repairs to ocean-going vessels or other powered craft,

Deduction in respect of profits and gains from export or transfer of film software, etc (1) Where an assessee, being an Indian company or a person (other than a company) resident in India, is engaged in the business of export or transfer by any means out of India, of any film software, television software, music

Deduction in respect of profits from export of computer software, etc (1) Where an assessee, being an Indian company or a person (other than a company) resident in India, is engaged in the business of,—  (i)  export out of India of computer software or its transmission from India to a place outside India by any