Monday, August 5, 2019

Sec. 80-IC relief not available in respect of sale of tea manufactured from tea leaf purchased from outside market

INCOME TAX : Assessee, engaged in manufacturing of tea, is not eligible to claim deduction under section 80-IC(2) in respect of sale of black tea manufactured from green tea leaf purchased from outside market

from www.taxmann.com Latest Case Laws https://ift.tt/2M0lWeU
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...