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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Producing different varieties of masala using different spices ...


Masala Production Using Spices Qualifies as Manufacturing for Tax Deductions u/s 80-IB of Income Tax Act.

January 1, 2014

Case Laws     Income Tax     AT

Producing different varieties of masala using different spices as inputs would amount to manufacturing and such a process is eligible for deduction under section 80-IB - manufacturing different masala powders amounts to manufacturing activity - AT

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