Deduction in respect of profits and gains from certain newly undertaking other than Infrastructure Development Undertaking as per section 80-IB is allowed to an assessee whose gross total income includes profits & ga
CS Executive · Tax Laws · PYQS · December 2021
Deduction in respect of profits and gains from certain newly undertaking other than Infrastructure Development Undertaking as per section 80-IB is allowed to an assessee whose gross total income includes profits & gains derived from which of the following business? (i) Cold chain facility for agriculture produce (ii) Hotel (iii) Hospital anywhere in India (iv) Production of Mineral-oil
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Income Tax Act, 1961
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