https://www.taxtmi.com/caselaws?id=204962 The High Court of Madras upheld the Tribunal's decision, ruling that assembling different parts of Wind Mills constitutes "manufacture" under Section 80IB of the Income Tax Act. The Court applied the Supreme Court's test, determining that the assembly results in a new commercial commodity with distinct characteristics, qualifying for the deduction. The appellant's argument that mere procurement and assembly do not amount to "manufacture" was rejected. The Court dismissed the appeal, affirming the respondent assessee's eligibility for the deduction without imposing costs. en-us Mon, 10 Jan 2011 00:00:00 +0530 Thu, 20 Dec 2012 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204962 The High Court of Madras upheld the Tribunal's decision, ruling that assembling different parts of Wind Mills constitutes "manufacture" under Section 80IB of the Income Tax Act. The Court applied the Supreme Court's test, determining that the assembly results in a new commercial commodity with distinct characteristics, qualifying for the deduction. The appellant's argument that mere procurement and assembly do not amount to "manufacture" was rejected. The Court dismissed the appeal, affirming the respondent assessee's eligibility for the deduction without imposing costs. Case-Laws Income Tax Mon, 10 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204962