Avail 50% discount on all online CA classes for Nov Exam(access till Nov 20th). Use coupon code NOV15

close x
Home > Experts > Income Tax > first time defination of manufactering as per income tax act

Please Wait ..

to your account


Remember Me | Forgot your password?


Sign-up now

Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Alternatively, you can log in using:

first time defination of manufactering as per income tax act (Income Tax)

Report Abuse
This query is : Resolved

( Author )
13 December 2009

hello friendz
i have come to know that a new definition of manufacturing has been introduced by income tax first time in budget 2009
plz explain me this definition.
as one of our client wants to take exemption under sec.80IC and for this we need that its product must come under defination of mfg.
plz explain it with examples and interpretations also,if possible.


CA.Tarun Maheshwari

( Expert )
13 December 2009

Its difficult to explain the term 'manufacturing' with examples. Better to take help of definition as per excise act. It differes from case to case. If you look at first sight at the definition, it will seem that any small change will result into the manufacturing. I am also handling 3-4 cases of 80IC, and for each case, I was to do lot many research on its coverage in manufacturing definition. So better to research on it deeply, because its a sensitive matter as it is covered in section 80IC, the fully tax exemption provisions.


( Expert )
14 December 2009

Its a huge Defination different from case to case as per Tarun sir. you have to explain you client case to get advice/reply.



You need to be the querist or approved CAclub expert to take part in this query .

Click here to login ( Members Login ) now

Similar Resolved Queries :


Quick Links

back to the top