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Income Tax - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Deduction u/s 80IB(11A) - milling of the paddy - integrated ...

Income Tax

October 3, 2020

Deduction u/s 80IB(11A) - milling of the paddy - integrated business of handling, storage and transportation of the food grains - The activities involving the cleaning, steaming, soaking, drying, polishing, grinding etc.are covered by the expression “handling” and the assessee is certainly conducting such activities which would entitle to the benefit of deduction under section 80IB(11A) of the Act - AT

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