BareLaws
SUBSECTION

Section 80JJAA(2)(a)

From: The Income-tax Act, 1961

(a) if the business is formed by splitting up, or the reconstruction, of an existing business: Provided that nothing contained in this clause shall apply in respect of a business which is formed as a result of re -establishment, reconstruction or revival by the assessee of the business in the circumstances and within the period specified in section 33B;