Deduction u/s 80IA (iv) Computed with respect to each Unit Independently, without Clubbing Loss of another Unit: ITAT [Read Order]

Deduction - Unit - ITAT - taxscan

The Income Tax Appellate Tribunal (ITAT), Surat Bench presided by Dr. Arjun Lal Saini, Accountant Member has held that deduction under section 80IA (iv) computed with respect to each unit independently, without clubbing loss of another unit. The assessee, M/s Gujarat JHM Hotels Ltd. is engaged in the business of hotel and also have power…

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