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# Instrument Details **3. Sec. [80IB]:** Deduction in respect of Profits of Industrial Undertakings located in backward State or District. Deduction allowed is either 100% and/or 30% for 10 years depending upon case to case. **4. Sec. [80IB(11B)]:** The amount of deduction in the case of an unde...

# Instrument Details **3. Sec. [80IB]:** Deduction in respect of Profits of Industrial Undertakings located in backward State or District. Deduction allowed is either 100% and/or 30% for 10 years depending upon case to case. **4. Sec. [80IB(11B)]:** The amount of deduction in the case of an undertaking deriving profits from the business of operating and maintaining a hospital in a rural area shall be 100% of the profits and gains of such business for a period of five (5) consecutive assessment years, beginning with the initial assessment year. **5. Sec. [80IC]:** Profits from Industrial Undertakings located in the specified States. States are State of Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States. Deduction allowed is 100% of such profit.