https://www.taxtmi.com/caselaws?id=61627 The Tribunal overturned the CIT(A)'s decision to sustain the disallowance of a deduction claim u/s 80-I amounting to Rs. 29,616 for the assessment year 1990-91. The Tribunal found that the assessee, engaged in manufacturing bicycle pedals through outside fabricators, met the conditions for an industrial undertaking under section 80-I. Despite the CIT(A)'s concerns about machinery, space, and rental arrangements, the Tribunal determined that the assessee's activities constituted manufacturing, distinguishing the final product from raw materials. Consequently, the Tribunal allowed the appeal and directed the Assessing Officer to grant the deduction to the assessee. en-us Mon, 10 Jun 2002 00:00:00 +0530 Thu, 13 Jan 2011 16:22:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61627 The Tribunal overturned the CIT(A)'s decision to sustain the disallowance of a deduction claim u/s 80-I amounting to Rs. 29,616 for the assessment year 1990-91. The Tribunal found that the assessee, engaged in manufacturing bicycle pedals through outside fabricators, met the conditions for an industrial undertaking under section 80-I. Despite the CIT(A)'s concerns about machinery, space, and rental arrangements, the Tribunal determined that the assessee's activities constituted manufacturing, distinguishing the final product from raw materials. Consequently, the Tribunal allowed the appeal and directed the Assessing Officer to grant the deduction to the assessee. Case-Laws Income Tax Mon, 10 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61627