https://www.taxtmi.com/caselaws?id=118127 Software development supported by registration, sales documents, transport records and accepted books of account was treated as manufacture or production for section 80-IB purposes. The unit was found to be a new industrial undertaking, not formed by splitting up or reconstruction of an existing business, and the absence of separate books did not defeat the claim where composite accounts were accepted and no material defect was shown. The prescribed worker requirement was also held satisfied on the basis of employment records. Survey statements recorded under section 133A, without supporting evidence, were held insufficient to displace the documentary record, and the deduction under section 80-IB was allowed. en-us Fri, 04 Aug 2006 00:00:00 +0530 Wed, 01 Aug 2012 00:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118127 Software development supported by registration, sales documents, transport records and accepted books of account was treated as manufacture or production for section 80-IB purposes. The unit was found to be a new industrial undertaking, not formed by splitting up or reconstruction of an existing business, and the absence of separate books did not defeat the claim where composite accounts were accepted and no material defect was shown. The prescribed worker requirement was also held satisfied on the basis of employment records. Survey statements recorded under section 133A, without supporting evidence, were held insufficient to displace the documentary record, and the deduction under section 80-IB was allowed. Case-Laws Income Tax Fri, 04 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118127