https://www.taxtmi.com/caselaws?id=63418 The ITAT upheld the CIT(A) decision, granting deductions u/s 80HH and 80-I to the assessee for job charges related to yarn twisting in a backward area. The Gujarat High Court precedent established job work as manufacturing, and the presence of a separate Profit & Loss account was deemed sufficient for claim determination. Legal precedents indicated that if a different commodity emerges from processing, it qualifies as manufacturing. The revenue's appeal against the allowance of deductions was dismissed. en-us Mon, 30 Apr 1990 00:00:00 +0530 Sat, 17 Dec 2016 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63418 The ITAT upheld the CIT(A) decision, granting deductions u/s 80HH and 80-I to the assessee for job charges related to yarn twisting in a backward area. The Gujarat High Court precedent established job work as manufacturing, and the presence of a separate Profit & Loss account was deemed sufficient for claim determination. Legal precedents indicated that if a different commodity emerges from processing, it qualifies as manufacturing. The revenue's appeal against the allowance of deductions was dismissed. Case-Laws Income Tax Mon, 30 Apr 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63418