https://www.taxtmi.com/caselaws?id=203361 The High Court upheld the decision of the Tribunal and Commissioner, ruling in favor of the respondent/assessee regarding the eligibility for deduction under Section 80IB of the Income-tax Act for manufacturing corrugated boxes from kraft sheets. The Court found that the process of shaping corrugated sheets into boxes constituted a manufacturing activity, resulting in a distinct product that no longer retained the original characteristics of the sheets. As there was no substantial legal question and decisions were supported by factual evidence, the appeals were dismissed without costs. en-us Mon, 07 Feb 2011 00:00:00 +0530 Wed, 01 Jun 2011 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203361 The High Court upheld the decision of the Tribunal and Commissioner, ruling in favor of the respondent/assessee regarding the eligibility for deduction under Section 80IB of the Income-tax Act for manufacturing corrugated boxes from kraft sheets. The Court found that the process of shaping corrugated sheets into boxes constituted a manufacturing activity, resulting in a distinct product that no longer retained the original characteristics of the sheets. As there was no substantial legal question and decisions were supported by factual evidence, the appeals were dismissed without costs. Case-Laws Income Tax Mon, 07 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203361