https://www.taxtmi.com/caselaws?id=69992 The Tribunal affirmed the CIT(A)'s decision, dismissing the Revenue's appeals and upholding the assessee's entitlement to investment allowance and deductions under sections 32A, 80-I, and 80HH of the Income-tax Act, 1961. The Tribunal concluded that the processes involved in manufacturing arrack constituted manufacturing activity, creating a new commercial commodity, and therefore, qualified for the claimed benefits. en-us Mon, 22 Jan 1990 00:00:00 +0530 Wed, 13 Apr 2011 12:38:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69992 The Tribunal affirmed the CIT(A)'s decision, dismissing the Revenue's appeals and upholding the assessee's entitlement to investment allowance and deductions under sections 32A, 80-I, and 80HH of the Income-tax Act, 1961. The Tribunal concluded that the processes involved in manufacturing arrack constituted manufacturing activity, creating a new commercial commodity, and therefore, qualified for the claimed benefits. Case-Laws Income Tax Mon, 22 Jan 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69992