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Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Section 80IB is available only for profit derived from business ...


Section 80IB Relief: Exclude Annual Maintenance Contract Charges from Profit Calculations for Manufacturing Goods.

January 13, 2014

Case Laws     Income Tax     AT

Section 80IB is available only for profit derived from business of manufacture of goods - AMC charges should be excluded for the purpose of computing relief under Section 80IB - AT

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