Advance License Sales Not Deductible u/s 80IA; No Direct Link to Manufacturing Business, Court Rules.

Deduction u/s 80IA - Merely because the license was obtained for procuring the raw material for manufacturing finished products for its exports, does not mean that the sale of advance license has nexus with the business of manufacturing and sale of finished product. - HC .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X