https://www.taxtmi.com/caselaws?id=119968 Estimated disallowance of labour charges could not be sustained where the assessee produced contractor agreements, payment details and vouchers, and there was no material showing the payments were sham, inflated or unsupported by the books; the disallowance was therefore deleted. Cutting and polishing rough diamonds did not amount to manufacture or production for section 80-IA, because the section requires an industrial undertaking engaged in manufacturing or production and the broader definition in another provision could not be imported into it; the deduction claim was rejected. en-us Fri, 08 Sep 2006 00:00:00 +0530 Tue, 31 Jul 2012 23:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119968 Estimated disallowance of labour charges could not be sustained where the assessee produced contractor agreements, payment details and vouchers, and there was no material showing the payments were sham, inflated or unsupported by the books; the disallowance was therefore deleted. Cutting and polishing rough diamonds did not amount to manufacture or production for section 80-IA, because the section requires an industrial undertaking engaged in manufacturing or production and the broader definition in another provision could not be imported into it; the deduction claim was rejected. Case-Laws Income Tax Fri, 08 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119968