QPADQualified Production Activities Deduction (tax deduction)
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The Lava QPAD e704, a voice calling tablet is priced at a[sup.1]9,999 and will be available for purchase through e-retailer Fliprkart for the first two weeks.
"Lava International is aiming to expand its tablet portfolio with the launch of new tablets and our latest offering, QPAD is a step in that direction.
To encourage domestic production, American Jobs Creation Act of 2004 Section 102(a) established the QPAD in Sec.
199 provides no guidance on the QPAD calculations for consolidated groups.
The EAG's QPAD would be $138, calculated as shown in Exhibit 1 below.
The Lava QPAD e704 tablet will be exclusively available via Flipkart for first two weeks.