Buffalo Carcass to Meat: Qualifies for Section 80IB Deduction as a New, Distinct Product Under Income Tax Act.

Buffalo Carcass to Meat: Qualifies for Section 80IB Deduction as a New, Distinct Product Under Income Tax Act. https://www.taxtmi.com/highlights?id=47806 Deduction u/s 80IB - process involved in converting Carcass into meat - final product produced is commercially different from the raw-material (Buffalo Carcasses) and the process of production involved a number of steps and processes which resulted not only in qualitative changes, but also a distinct product for end-use of the consumer - deduction allowable en-us Wed, 10 Jul 2019 06:48:30 +0530 Wed, 10 Jul 2019 06:48:30 +0530 TaxTMI RSS Generator Buffalo Carcass to Meat: Qualifies for Section 80IB Deduction as a New, Distinct Product Under Income Tax Act. https://www.taxtmi.com/highlights?id=47806 Deduction u/s 80IB - process involved in converting Carcass into meat - final product produced is commercially different from the raw-material (Buffalo Carcasses) and the process of production involved a number of steps and processes which resulted not only in qualitative changes, but also a distinct product for end-use of the consumer - deduction allowable Highlights Income Tax Wed, 10 Jul 2019 06:48:30 +0530 https://www.taxtmi.com/highlights?id=47806