Amendment to Section 35 narrows qualifying manufacture or production by excluding Eleventh Schedule items, changing deduction eligibility. The amendment replaces the enumerated industry list with a rule permitting deduction only for manufacture or production of articles or things not specified in the Eleventh Schedule, thereby excluding Schedule items from eligibility; this substitution takes effect from the fiscal year commencing 1 April 2010.
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Amendment to Section 35 narrows qualifying manufacture or production by excluding Eleventh Schedule items, changing deduction eligibility.
The amendment replaces the enumerated industry list with a rule permitting deduction only for manufacture or production of articles or things not specified in the Eleventh Schedule, thereby excluding Schedule items from eligibility; this substitution takes effect from the fiscal year commencing 1 April 2010.
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