u/s 80-ic of income tax , Income Tax

[RAJKUMAR JAIN]

We are manufacturing the plastic containers at baddi , this is fully exempted for five years from income tax ,but our ito is not accept the exmeption for the manufacturing i.e plastic containers & he says the siad item is under negetive list So, please advise us how to proove the said item is not in negetive list

Posts / Replies

[Surender Gupta]

Hello,

The list of negative lists are given in Schedule 13 of the Act. You may visit this list by visiting the following link:

http://www.taxmanagementindia.com/visitor/detail_act.asp?ID=3521