Regarding industrial company is entitled to a concessional rate of tax 'Industrial company'

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....a concessional rate of tax 'Industrial company' has been defined in section 2(6)(d) of Chapter II of the Finance Act, 1968 to mean a company which is mainly engaged in the business of generation of electricity or any other form of power or in the construction of ships or in the manufacture of process of goods or in mining. The words mainly engaged in the business of generation of ships or in the m....