https://www.taxtmi.com/caselaws?id=114789 The court held that the assessee, engaged in blending and selling tea, was not eligible for an investment allowance under Section 32A of the Income Tax Act, 1961, as their activities did not amount to manufacturing or producing a new marketable commodity. The court distinguished the case from a Karnataka High Court decision, emphasizing the absence of certain sophisticated processes. The appeal was dismissed, affirming the Assessing Officer's decision. en-us Fri, 20 Feb 2004 00:00:00 +0530 Mon, 21 May 2012 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114789 The court held that the assessee, engaged in blending and selling tea, was not eligible for an investment allowance under Section 32A of the Income Tax Act, 1961, as their activities did not amount to manufacturing or producing a new marketable commodity. The court distinguished the case from a Karnataka High Court decision, emphasizing the absence of certain sophisticated processes. The appeal was dismissed, affirming the Assessing Officer's decision. Case-Laws Central Excise Fri, 20 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114789