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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Product handicraft OR 100% machine made/machine - value added ...


Handicraft Classification: Machine Use Permissible if Human Skill Significantly Contributes to Product Value for Tax Purposes.

November 26, 2013

Case Laws     Income Tax     AT

Product handicraft OR 100% machine made/machine - value added by way of human skill or craftsmanship or artisanship has not got consumed or obliterated by the use of machine and to that extent the end product can be definitely termed as 'handicraft' - AT

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