https://www.taxtmi.com/caselaws?id=107418 The High Court ruled against the assessee on both issues. The court held that the assessee was not entitled to higher development rebate and initial depreciation as its activities did not constitute manufacturing textiles. Additionally, the court determined that the relief under Section 80J should be allowed only after the set off of unabsorbed development rebate. en-us Wed, 27 Mar 1996 00:00:00 +0530 Thu, 22 Mar 2012 13:03:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107418 The High Court ruled against the assessee on both issues. The court held that the assessee was not entitled to higher development rebate and initial depreciation as its activities did not constitute manufacturing textiles. Additionally, the court determined that the relief under Section 80J should be allowed only after the set off of unabsorbed development rebate. Case-Laws Central Excise Wed, 27 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107418