Operation relating to prospecting defined as exploration, locating or proving mineral deposits, including abortive operations. Operation relating to prospecting is defined for purposes of section 35E(5)(a) of the Income Tax Act as any operation undertaken to explore, locate or prove deposits of any mineral, and includes any such operation which proves to be infructuous or abortive.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Operation relating to prospecting defined as exploration, locating or proving mineral deposits, including abortive operations.
Operation relating to prospecting is defined for purposes of section 35E(5)(a) of the Income Tax Act as any operation undertaken to explore, locate or prove deposits of any mineral, and includes any such operation which proves to be infructuous or abortive.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.