Finance Minister Gifts Mid-Year Tax Bonanza to India Inc.
Bloomberg Quint - September 20, 2019
“While the list of what such incentives and exemptions are is not clear, it appears based on a similar provision, entities availing incentives under SEZ, sec 80-IB [deductions for industrial undertakings] , sec 35AC [deduction in business income of the amount paid to a local authority, PSU for a project], sec 35AD [deduction in respect of expenditure on specified business] etc would not be eligible for such lower rate if they wish to avail the exemption, Maulik Doshi, partner at SKP explained.” - Maulik Doshi
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Finance Minister Nirmala Sitharaman Addresses the Media after GST Council Meeting
Bloomberg Quint (TV Interview)
- Jigar Doshi
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