https://www.taxtmi.com/caselaws?id=212419 The High Court upheld the Tribunal's decision, dismissing the revenue's appeal and affirming the eligibility of the assessee for deductions under Section 80IC for both stock transfer to the sister unit at Gurgaon and income from the sale of scrap. The court found that the deductions claimed were indeed in respect of income derived from the manufacturing process, as established by the activities conducted at the manufacturing unit in Parwanoo. en-us Thu, 17 Nov 2011 00:00:00 +0530 Fri, 05 Jun 2026 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212419 The High Court upheld the Tribunal's decision, dismissing the revenue's appeal and affirming the eligibility of the assessee for deductions under Section 80IC for both stock transfer to the sister unit at Gurgaon and income from the sale of scrap. The court found that the deductions claimed were indeed in respect of income derived from the manufacturing process, as established by the activities conducted at the manufacturing unit in Parwanoo. Case-Laws Income Tax Thu, 17 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212419