Sec.80P- Clarification of the term 'Cottage Industry'.

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Full Text of the Document

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.... February, 1973, certain guidelines for the definition of "cottage industry", for the purposes of the aforesaid section of the Income-tax Act, were laid down. For the sake of convenience, the relevant extract from the aforesaid letter is re-produced below:- "It is customary to refer to industries which are not required to be registered under the Factory Act as cottage and small-scale industries. ....