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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Entitlement to deduction under Section 80IB - admittedly the ...

Income Tax

July 15, 2015

Entitlement to deduction under Section 80IB - admittedly the three (3) machines were sold by the assessee, of course, to its group companies for consideration. Hence, it cannot be said that the machines were manufactured only on trial basis and not for commercial purposes - HC

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