https://www.taxtmi.com/caselaws?id=122817 The Tribunal upheld the CIT(A)'s decision, confirming the assessee's eligibility for deduction under section 80-IB of the Income-tax Act. The Tribunal determined that the processes undertaken by the assessee, involving mixing, drying, grinding, and filtering various herbal products to produce distinct commercial products, qualified as manufacturing. Citing relevant case law, the Tribunal found that the transformation of raw materials into new products with different commercial identities met the criteria for manufacturing. Consequently, the revenue's appeal was dismissed, and the assessee's claim for deduction was allowed. en-us Fri, 21 Aug 2009 00:00:00 +0530 Fri, 17 Aug 2012 16:09:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122817 The Tribunal upheld the CIT(A)'s decision, confirming the assessee's eligibility for deduction under section 80-IB of the Income-tax Act. The Tribunal determined that the processes undertaken by the assessee, involving mixing, drying, grinding, and filtering various herbal products to produce distinct commercial products, qualified as manufacturing. Citing relevant case law, the Tribunal found that the transformation of raw materials into new products with different commercial identities met the criteria for manufacturing. Consequently, the revenue's appeal was dismissed, and the assessee's claim for deduction was allowed. Case-Laws Income Tax Fri, 21 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122817