Process of drawing of wire from wire rods amounts to manufacture of thing or article within meaning of section 80-IC

On non-compliance with statutory condition precedent, reopening of an assessment cannot be sustained. www.taxmann.com/BreakingNews.aspx

All payments by way of dividend have to be taxed in the hands of the recipient of the dividend namely the shareholder.

contd. carries on its own scope of work independently does not reasonably lead to the conclusion that an AOP has been formed

Merely coming together and acting in cooperation with each other for the purpose of executing the work while each member