Assessees using customer-supplied materials for manufacturing qualify for deductions u/s 80IB of the Income Tax Act.

Assessees using customer-supplied materials for manufacturing qualify for deductions u/s 80IB of the Income Tax Act. https://www.taxtmi.com/highlights?id=21237 Deduction u/s 80IB - If the job work has been done from the raw material supplied by the customers and assessee has manufactured the goods from those raw materials, then it amounts to manufacturing from the industrial undertaking - AT en-us Tue, 30 Dec 2014 10:53:35 +0530 Tue, 30 Dec 2014 10:53:35 +0530 TaxTMI RSS Generator Assessees using customer-supplied materials for manufacturing qualify for deductions u/s 80IB of the Income Tax Act. https://www.taxtmi.com/highlights?id=21237 Deduction u/s 80IB - If the job work has been done from the raw material supplied by the customers and assessee has manufactured the goods from those raw materials, then it amounts to manufacturing from the industrial undertaking - AT Highlights Income Tax Tue, 30 Dec 2014 10:53:35 +0530 https://www.taxtmi.com/highlights?id=21237