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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Galvanized iron pipe is a different commercial commodity than a ...


High Court Rules Galvanizing Iron Pipes as Manufacturing Process; Section 80-IB Deduction Applies for Tax Benefits.

September 22, 2017

Case Laws     Income Tax     HC

Galvanized iron pipe is a different commercial commodity than a iron pipe, therefore the activity of galvanization in our considered opinion amounts to manufacture - Deduction u/s 80-IB allowed - HC

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