Profit from Pig Iron and Slag Sales Qualifies for Section 80-IB Deduction, Says Tax Tribunal and Appeals Commissioner.

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....Deduction u/s. 80-IB - Profit derived from the business of manufacture and sale of Pig Iron - Profit from the sale of slag, being a by-product - concurrent findings of facts by the CIT(A) & Tribunal that the slag generated out of the manufacturing process - satisfy the test of 'first degree source' - eligible for deduction u/s 80-IB....