https://www.taxtmi.com/caselaws?id=123951 The High Court affirmed the Tribunal's decision that blending and bottling of IMFL constitutes 'manufacture' for claiming deduction under Section 80-IB. It held that the process resulted in a distinct commodity fit for human consumption, qualifying as manufacturing. The second unit was deemed to create a new marketable product, not a mere expansion, entitling the assessee to the deduction. The Court supported this interpretation with Supreme Court precedents, emphasizing that any process leading to a commercially different commodity amounts to manufacturing. en-us Mon, 29 Oct 2007 00:00:00 +0530 Sat, 20 Dec 2014 13:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123951 The High Court affirmed the Tribunal's decision that blending and bottling of IMFL constitutes 'manufacture' for claiming deduction under Section 80-IB. It held that the process resulted in a distinct commodity fit for human consumption, qualifying as manufacturing. The second unit was deemed to create a new marketable product, not a mere expansion, entitling the assessee to the deduction. The Court supported this interpretation with Supreme Court precedents, emphasizing that any process leading to a commercially different commodity amounts to manufacturing. Case-Laws Income Tax Mon, 29 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123951