https://www.taxtmi.com/caselaws?id=61778 Processing natural rubber latex into preserved concentrated latex was treated as conversion into a commercially distinct product, so the activity qualified as manufacture or production for income-tax relief under sections 80J and 80HH. The Tribunal relied on excise treatment of preserved latex and similar goods as manufactured or produced goods, noting that the same statutory language in the excise and income-tax laws supported that approach. It also found substantial compliance with the section 80J employment requirement on the evidence, so the condition of employing more than ten persons was treated as satisfied. en-us Thu, 28 May 1987 00:00:00 +0530 Fri, 14 Jan 2011 18:26:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61778 Processing natural rubber latex into preserved concentrated latex was treated as conversion into a commercially distinct product, so the activity qualified as manufacture or production for income-tax relief under sections 80J and 80HH. The Tribunal relied on excise treatment of preserved latex and similar goods as manufactured or produced goods, noting that the same statutory language in the excise and income-tax laws supported that approach. It also found substantial compliance with the section 80J employment requirement on the evidence, so the condition of employing more than ten persons was treated as satisfied. Case-Laws Income Tax Thu, 28 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61778