Deduction u/s 80IC - proof of manufacturing activity - ...
Section 80IC: Assembling Watch Parts Qualifies as Manufacturing for Income Tax Deduction Eligibility.
October 24, 2018
Case Laws Income Tax AT
Deduction u/s 80IC - proof of manufacturing activity - assembling of various parts in a specified manner and the net results into watches which are used by the public at large for different purposes and is commercially known differently, therefore, it amounts to manufacturing.
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