https://www.taxtmi.com/caselaws?id=213911 The Tribunal upheld the Commissioner of Income Tax's invocation of section 263, finding the Assessing Officer's order allowing deductions under sections 80IA/80IB as erroneous and prejudicial to Revenue. The Tribunal determined that blending and packaging tea constituted "processing" rather than "manufacturing," in line with established judicial interpretations. As a result, the appeal was dismissed, affirming the CIT's decision and denying the deductions claimed by the assessee. en-us Mon, 28 Mar 2011 00:00:00 +0530 Tue, 12 Jun 2012 07:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213911 The Tribunal upheld the Commissioner of Income Tax's invocation of section 263, finding the Assessing Officer's order allowing deductions under sections 80IA/80IB as erroneous and prejudicial to Revenue. The Tribunal determined that blending and packaging tea constituted "processing" rather than "manufacturing," in line with established judicial interpretations. As a result, the appeal was dismissed, affirming the CIT's decision and denying the deductions claimed by the assessee. Case-Laws Income Tax Mon, 28 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213911