TMI BlogInvestment based exemption - The exemption was granted on the fixed capital investment made by the...Investment based exemption - The exemption was granted on the fixed capital investment made by the entrepreneur - Further, if any further investment was made by installing new machines then the benefit of exemption to the production of goods from such new machines was not available - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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