Entitlement for deduction u/s 80IB - hedging profit derived from ...

Section 80IB Deduction Allowed for Mentha Oil Hedging Profits; Direct Connection to Manufacturing Not Required.

December 25, 2018

Case Laws Income Tax HC

Entitlement for deduction u/s 80IB - hedging profit derived from industrial activity - whether hedging activity of Mentha Oil has a direct nexus with the manufacturing activity? - No difference in the situation merely because such gain or loss were pursuant to hedging contract of the assessee - Deduction allowed.

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Entitlement for deduction u/s 80IB - hedging profit derived from ...

Section 80IB Deduction Allowed for Mentha Oil Hedging Profits; Direct Connection to Manufacturing Not Required.

December 25, 2018

Case Laws Income Tax HC

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