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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IB - Whether cutting, grinding and sieving of ...


High Court rules rubber crumb production from old tyres is "manufacture" u/s 80IB, qualifying for tax deductions.

November 16, 2013

Case Laws     Income Tax     HC

Deduction u/s 80IB - Whether cutting, grinding and sieving of old rubber tyres and rubber scrap and converting the same into rubber crumbs is “manufacture” - Held yes - HC

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