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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IA - job work of decoration of glazed ceramic ...

Income Tax

December 1, 2014

Deduction u/s 80IA - job work of decoration of glazed ceramic tiles - original block does not remain the marble block, it becomes a slab or tile - not only there is manufacture but also an activity which is something beyond manufacture and which brings a new product into existence - exemption allowed - HC

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