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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Entitlement to deduction u/s. 80I and 80IA - when the product is ...


Deductions u/ss 80I and 80IA Apply Even if Product Requires Immediate Disposal or Preservation Needed.

February 9, 2015

Case Laws     Income Tax     HC

Entitlement to deduction u/s. 80I and 80IA - when the product is to be disposed of immediately even that the product is not fit for human consumption. If it is required to be preserved, it seems to be a manufacturing process - HC

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