Relief to Vodafone: ITAT allows deduction u/s 80 IA of Income Tax Act to undertakings providing telecommunication services [Read Order]

The Income Tax Appellate Tribunal (ITAT) has ruled in favour of Vodafone, granting relief by allowing deduction under Section 80IA of the Income Tax Act 1961, for undertakings providing telecommunication services
Relief - Vodafone-ITAT - deduction- Income Tax Act - telecommunication services -TAXSCAN

The Mumbai Bench of the Income Tax Appellate Tribunal has ruled in favour of Vodafone Idea, granting relief by allowing deduction under Section 80IA of the Income Tax Act 1961, for undertakings for providing telecommunication services. The issue to be decided was whether the assessee was eligible to claim deduction under Section 80IA (4) (ii)…

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