Medallion is also classified as pendant; Sec. 10AA exemption could not be denied to jewellery manufacture

INCOME TAX : A medallion is also classifiable as a pendant; therefore, assessee could not be denied exemption under section 10AA on ground that it had violated approval granted by Development Commissioner, Special Economic Zone for manufacturing gold pendants by saying that product manufactured by assessee was described as medallion

from www.taxmann.com Latest Case Laws https://ift.tt/34NNa0F