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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Bottling of gas into gas cylinders, which requires a very ...


Bottling gas into cylinders is considered production, qualifying for tax deduction u/s 80IB, says High Court.

December 7, 2013

Case Laws     Income Tax     HC

Bottling of gas into gas cylinders, which requires a very specialized process and an independent plant and machinery, amount to production of ‘gas cylinders’ - deduction u/s 80IB allowed - HC

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