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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IB - Manufacturing activity - claim denied as ...

Case Laws     Income Tax

April 30, 2020

Deduction u/s 80IB - Manufacturing activity - claim denied as assessee company is only providing services to mineral oil concerns and generation of logs does not amount to manufacture or production of article or thing - assessee company is an industrial undertaking engaged in the business of manufacturing or production of an article or thing for the purpose of section 32A and section 80IB

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