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Applicant Misses Concessional 12% Tax Rate for IT Park Construction Due to Lack of Non-Commercial Use Evidence.
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....Classification of Services - rate of tax - applicant agreed for construction work namely “Construction of Building for Office space/IT space at IT park, Mangalgiri as awarded by APIIC - the applicant did not provide any information or documentary proof evidencing that the construction/ building is for use other than for commerce, industry, or any other business or profession to be eligible for concessional rate of 12%.....