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Question ID : 122

Exemption U/s 10B

This query is protracted to the quety id 137 on the same subject. When the assessee purchases different Macheries and parts thereof dia, he applies his value addition to convert the same to Pnt and Machery for the purpose of say Cement Pnt. The assessee calls this value addition as manufacturg of Engeerg Items. Whether the stand taken by the assessee is tenable?
Virander Kr Chauhan '

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Posted by Virander Kr Chauhan on Sep 01, 2005
Filed Under DIRECT TAXES

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