Tuesday, July 2, 2019

Profit from sale of by-product produced in manufacturing of pig iron was eligible for sec. 80-IB deduction

INCOME TAX : Profit from sale of slag, which was a by-product in manufacture of pig iron, was to be considered as profit from business of industrial undertaking engaged in manufacture and sale of pig iron for purpose of deduction under section 80-IB

from www.taxmann.com Latest Case Laws https://ift.tt/2XrDSW5
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