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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IC - It cannot be accepted that the assessee ...

Income Tax

August 10, 2013

Deduction u/s 80IC - It cannot be accepted that the assessee should be manufacturing all the components. Further merely showing that that the profits are on higher side, is not sufficient and no defects are pointed out and therefore deduction cannot be denied - AT

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