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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Investment allowance under section 32A(1)(2)(iii) - . The words ...


Interpretation of Section 32A(1)(2)(iii) includes synthetic essences as part of blended flavoring concentrates for investment allowance.

October 28, 2013

Case Laws     Income Tax     HC

Investment allowance under section 32A(1)(2)(iii) - . The words “shall be deemed always to have included“, therefore, have to be given a limited meaning of understanding the blended flavouring concentrates as always including the synthetic essences - HC

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