https://www.taxtmi.com/caselaws?id=66379 The tribunal ruled in favor of the assessee, a private limited company engaged in market research and consultancy, regarding the deduction under section 80-IA of the Income-tax Act. The tribunal held that the company's activities involving significant data processing and analysis using specialized software amounted to the manufacture or production of articles or things, qualifying for the deduction. Citing precedents and emphasizing the distinct end product resulting from the data processing, the tribunal directed the revenue to grant the deduction, allowing the assessee's appeal. en-us Wed, 29 Mar 2006 00:00:00 +0530 Thu, 24 Feb 2011 11:14:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66379 The tribunal ruled in favor of the assessee, a private limited company engaged in market research and consultancy, regarding the deduction under section 80-IA of the Income-tax Act. The tribunal held that the company's activities involving significant data processing and analysis using specialized software amounted to the manufacture or production of articles or things, qualifying for the deduction. Citing precedents and emphasizing the distinct end product resulting from the data processing, the tribunal directed the revenue to grant the deduction, allowing the assessee's appeal. Case-Laws Income Tax Wed, 29 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66379