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Income Tax - Highlights / Catch Notes

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Investment allowance u/s 32A - job work – activity which the ...


Court Rules Job Work Activities Qualify for Investment Allowance u/s 32A; Manufacturing Status Confirmed Regardless of Ownership.

June 17, 2012

Case Laws     Income Tax     HC

Investment allowance u/s 32A - job work – activity which the assessee carries on is manufacturing activity irrespective of the fact whether the grey cloth belongs to it or to its customers. - deduction allowed - HC

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