Once the assessee is involved in the business of manufacture of ...

Manufacturers can claim Section 80IB deduction for job work using spare capacity, ensuring tax benefits extend to additional operations.

September 12, 2016

Case Laws     Income Tax     AT

Once the assessee is involved in the business of manufacture of goods or articles which is eligible for claiming deduction u/s 80IB of the Act, job work done in the spare capacity available also eligible for deduction u/s 80IB of the Act - AT

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