Court Rules on Section 10B: Handicraft Exporters Eligible for Tax Deduction Due to Manufacturing Process Beyond Basic Cleaning.

Deduction u/s 10B - manufacturing activity or not - export of handicraft items of dried parts of plants - apart from cleaning and grading, the assessee had taken further processing; that what is purchased as raw material and what is exported as a product for export are totally different items - Benefit of exemption cannot be denied - HC .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X