Deduction u/s 80IA - Merely because the license was obtained ...
Advance License Sales Not Deductible u/s 80IA; No Direct Link to Manufacturing Business, Court Rules.
April 15, 2015
Case Laws Income Tax HC
Deduction u/s 80IA - Merely because the license was obtained for procuring the raw material for manufacturing finished products for its exports, does not mean that the sale of advance license has nexus with the business of manufacturing and sale of finished product. - HC
View Source