https://www.taxtmi.com/caselaws?id=216875 The ITAT dismissed the department's appeals challenging deduction u/s 80IA & 80IB for various assessment years due to tax effect criteria and High Court precedent. The ITAT allowed the assessee's appeals for deduction u/s 80IA for assembly of sharpeners, determining the assembly process qualified as manufacturing under section 80IA. The ITAT directed the AO to grant the deduction, emphasizing the eligibility of manual manufacturing processes for tax benefits under section 80IA. en-us Wed, 04 Jul 2012 00:00:00 +0530 Mon, 21 Jan 2013 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216875 The ITAT dismissed the department's appeals challenging deduction u/s 80IA & 80IB for various assessment years due to tax effect criteria and High Court precedent. The ITAT allowed the assessee's appeals for deduction u/s 80IA for assembly of sharpeners, determining the assembly process qualified as manufacturing under section 80IA. The ITAT directed the AO to grant the deduction, emphasizing the eligibility of manual manufacturing processes for tax benefits under section 80IA. Case-Laws Income Tax Wed, 04 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216875