https://www.taxtmi.com/caselaws?id=77066 The High Court determined that the conversion of CRGO Electrical Steel into laminations constituted a manufacturing process under Section 80-IB of the Income-tax Act. The processes involved transformed the raw material into a distinct commercial product, meeting the criteria for the tax deduction. Following the principles outlined by the Apex Court, the Court upheld the eligibility of the assessees for the deduction, dismissing the appeals brought by the Revenue and affirming the decision in favor of the assessees for the assessment years in question. en-us Mon, 12 Jul 2010 00:00:00 +0530 Thu, 14 Jun 2012 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77066 The High Court determined that the conversion of CRGO Electrical Steel into laminations constituted a manufacturing process under Section 80-IB of the Income-tax Act. The processes involved transformed the raw material into a distinct commercial product, meeting the criteria for the tax deduction. Following the principles outlined by the Apex Court, the Court upheld the eligibility of the assessees for the deduction, dismissing the appeals brought by the Revenue and affirming the decision in favor of the assessees for the assessment years in question. Case-Laws Income Tax Mon, 12 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77066