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2010 (12) TMI 414 - HC - Income TaxIndustrial undertaking – Special deduction – Manufacturing or Production of article – Article need not be final product - production of compound rubber on job work for the tyre manufacturing companies by the assessee amounts to "production of an article or thing" qualifying for deduction under section 80-IB of the Act – Assessee entitled for deduction Industrial undertaking – Special deduction – interest received is from the tyre manufacturing companies for belated payment of charges for job work done – Matter remanded
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