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Income Tax - Highlights / Catch Notes

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Entitlement to deduction u/s 80IA/80IB - "Manufacture or ...

Income Tax

March 22, 2019

Entitlement to deduction u/s 80IA/80IB - "Manufacture or production" - conversion of Paddy into Rice - the process of dehusking of Paddy into Rice with the aid of labour and machinery is definitely an industry activity undertaken by the Assessee.

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