A two-judge bench of the Madras High Court has held that the manufacture of the herbal products would be eligible for deduction under Section 80IA of the Income Tax Act, 1961. The provision allows deduction in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc. The assessees are the […]
The post Manufacture of Herbal Products eligible for Income Tax Deduction: Madras HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws https://ift.tt/2WpSr7o
No comments:
Post a Comment