Deduction u/s 80IB for extracting of oil. – commercial ...
Court Affirms Tax Deduction for Mineral Oil Extraction and Sale Under Income Tax Act Section 80IB(9.
September 25, 2013
Case Laws Income Tax AT
Deduction u/s 80IB for extracting of oil. – commercial production of mineral oil as per. sec. 8OIB(9) Involves the activity of extracting Oil from underneath of surface and transport it for sale and nothing else - deduction allowed - AT
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