Assessee-firm allowed Section 80IB deduction for diverse jewellery production despite challenges in maintaining daily records.

Assessee-firm allowed Section 80IB deduction for diverse jewellery production despite challenges in maintaining daily records. https://www.taxtmi.com/highlights?id=33451 Deduction u/s 80IB - The assessee-firm was not manufacturing proto-type of jewellery. It has produced variety of items containing numerous designs, shape, size and specification. It is not feasible or possible to maintain any quantitative records on daily basis - Benefit of exemption allowed - AT en-us Sat, 25 Feb 2017 14:58:13 +0530 Sat, 25 Feb 2017 14:58:13 +0530 TaxTMI RSS Generator Assessee-firm allowed Section 80IB deduction for diverse jewellery production despite challenges in maintaining daily records. https://www.taxtmi.com/highlights?id=33451 Deduction u/s 80IB - The assessee-firm was not manufacturing proto-type of jewellery. It has produced variety of items containing numerous designs, shape, size and specification. It is not feasible or possible to maintain any quantitative records on daily basis - Benefit of exemption allowed - AT Highlights Income Tax Sat, 25 Feb 2017 14:58:13 +0530 https://www.taxtmi.com/highlights?id=33451