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    <title>What is the provision of Rule 8 of the Income-tax Rules, 1962?</title>
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    <description>Rule 8 prescribes that income from the business of growing tea leaves and manufacturing tea is computed as normal commercial profit after allowing all permissible deductions, and that the computed income is apportioned between business income and agricultural income by deeming specified shares for each stream.</description>
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    <pubDate>Wed, 20 Dec 2023 10:55:00 +0530</pubDate>
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      <description>Rule 8 prescribes that income from the business of growing tea leaves and manufacturing tea is computed as normal commercial profit after allowing all permissible deductions, and that the computed income is apportioned between business income and agricultural income by deeming specified shares for each stream.</description>
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