https://www.taxtmi.com/caselaws?id=61852 The High Court directed the Tribunal to gather technical evidence to determine if the centrifuging process constituted manufacturing. Upon reassessment, the Tribunal found that centrifuged latex, though chemically similar to normal latex, undergoes significant physical changes, creating a distinct, marketable product. Citing Supreme Court precedents, the Tribunal concluded that the process results in a new article, entitling the assessee to deductions under sections 80J and 80HH of the Income-tax Act, 1961. en-us Wed, 09 Jun 1993 00:00:00 +0530 Sat, 15 Jan 2011 16:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61852 The High Court directed the Tribunal to gather technical evidence to determine if the centrifuging process constituted manufacturing. Upon reassessment, the Tribunal found that centrifuged latex, though chemically similar to normal latex, undergoes significant physical changes, creating a distinct, marketable product. Citing Supreme Court precedents, the Tribunal concluded that the process results in a new article, entitling the assessee to deductions under sections 80J and 80HH of the Income-tax Act, 1961. Case-Laws Income Tax Wed, 09 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61852