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Income Tax - Highlights / Catch Notes

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Deduction u/s 80IC - higher rate of profit declared by the ...

Income Tax

April 9, 2019

Deduction u/s 80IC - higher rate of profit declared by the assessee-company in its Dehradun Unit is justifiable as cost of production of the same Unit was lower due to various incentives and the availability of raw material at cheaper rates in the local market

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