Q&A on Asian Bus.
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For taxation of business income purposes, what are the deductions allowed?
- FAQ: INDIA
- Date: 15.07.2010
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Among other things, deductions allowed are deduction for development of infrastructure facilities, industrial parks and SEZs not available to works contractors; deductions for infrastructure facilities, deduction for undertakings laying and operating cross-country natural gas distribution network.
For more details, see Tax Planning & Compliance in Asia , [IND ¶80-126] Deductions from business income
