https://www.taxtmi.com/caselaws?id=61858 The Tribunal dismissed the revenue's appeals, affirming that the processed tendu leaves purchased by the assessee from Orissa Forest Corporation Ltd. were not 'forest produce' and thus not subject to the provisions of section 44AC of the Income-tax Act. The Tribunal emphasized the distinction between natural forest produce and items that have undergone significant processing, which alters their original form and identity. en-us Thu, 29 Sep 1994 00:00:00 +0530 Sat, 15 Jan 2011 16:51:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61858 The Tribunal dismissed the revenue's appeals, affirming that the processed tendu leaves purchased by the assessee from Orissa Forest Corporation Ltd. were not 'forest produce' and thus not subject to the provisions of section 44AC of the Income-tax Act. The Tribunal emphasized the distinction between natural forest produce and items that have undergone significant processing, which alters their original form and identity. Case-Laws Income Tax Thu, 29 Sep 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61858