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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Deduction u/s 10B - designer products - manufacturing activity ...


Court Grants Tax Deduction u/s 10B for Exporting Handicrafts Made from Dried Plant Parts, Citing Irreversible Transformation.

August 1, 2013

Case Laws     Income Tax     HC

Deduction u/s 10B - designer products - manufacturing activity for export of handicraft items of dried parts of plants - The process that the assessee had undertaken clearly points out the irreversible nature of the final end product from a raw material purchased - exemption allowed - HC

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