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Activity of mere display of uncut diamond inside a Special Notified Zone shall not be taxable under the provisions of the Income-tax Act

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Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes  PRESS RELEASE  New Delhi, 16th October, 2015  A “Special Notified Zone” has been established in the Bharat Diamond Bourse. To facilitate the participation of leading diamond mining companies of the world in this zone, the matter of taxation of income arising … Read more