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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IB - Unit-2 & Unit-3 - The same product or same ...


Section 80IB: Shared Processes Don't Disqualify Separate Industrial Undertakings for Tax Deductions.

July 9, 2012

Case Laws     Income Tax     AT

Deduction u/s 80IB - Unit-2 & Unit-3 - The same product or same location, common procurement, manufacturing and common employees cannot be the basis to hold that the assessee was not an industrial undertaking viable and separate undertaking. - AT

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