https://www.taxtmi.com/caselaws?id=65685 A company mainly engaged in printing was treated as an industrial company because printing was regarded as manufacture or processing of goods. The reasoning drew support from allied legislation, including the Factories Act, where printing forms part of a manufacturing process, and from the company's factory registration and coverage under the Employees State Insurance Act, which reinforced its manufacturing character. The printed product was also viewed as different from the raw materials used. References to Income-tax Act schedules were held irrelevant to the concessional treatment claimed under the Finance Acts, and the company was entitled to the concessional rate of tax. en-us Tue, 22 Feb 1977 00:00:00 +0530 Fri, 18 Feb 2011 13:10:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65685 A company mainly engaged in printing was treated as an industrial company because printing was regarded as manufacture or processing of goods. The reasoning drew support from allied legislation, including the Factories Act, where printing forms part of a manufacturing process, and from the company's factory registration and coverage under the Employees State Insurance Act, which reinforced its manufacturing character. The printed product was also viewed as different from the raw materials used. References to Income-tax Act schedules were held irrelevant to the concessional treatment claimed under the Finance Acts, and the company was entitled to the concessional rate of tax. Case-Laws Income Tax Tue, 22 Feb 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65685