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Income Tax - Highlights / Catch Notes

Home Highlights April 2014 Year 2014 This

Deduction u/s 80IC – Manufacture activity - air spring assembly ...


Tax Deduction Approved for Air Spring Assembly Manufacturing u/s 80IC Using Local and Imported Materials.

April 28, 2014

Case Laws     Income Tax     AT

Deduction u/s 80IC – Manufacture activity - air spring assembly - the imported material as well as local materials are used in a manufacturing process which results in a final product which is quite distinct from the components used, and has distinct usage too - deduction allowed - AT

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