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![Tax Deduction is available on Profits under Business Head for Infrastructure Development Facility: SC [Read Judgment] Tax Deduction is available on Profits under Business Head for Infrastructure Development Facility: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/12/ITAT-tax-deduction-income-tax-Taxscan.jpg)
Tax Deduction is available on Profits under Business Head for Infrastructure Development Facility: SC [Read Judgment]
The Supreme Court held that the tax deduction is available on profits under the business head for Infrastructure development facility under section...


![Unabsorbed Depreciation pertaining to AY can be carried forward and set off in the Later Year: ITAT [Read Order] Unabsorbed Depreciation pertaining to AY can be carried forward and set off in the Later Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Network-Rights-Depreciation-Taxscan.jpg)
![No TDS on payment of External Development Charges not made out of any Statutory and Contractual Liability: ITAT [Read Order] No TDS on payment of External Development Charges not made out of any Statutory and Contractual Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/01/External-Development-Charges-No-TDS-Payment-Delhi-High-Court-ITAT-Taxscan.jpg)