https://www.taxtmi.com/caselaws?id=217039 The Supreme Court remitted the case back to the Commissioner of Income Tax [Appeals] for re-examination to determine whether the operation conducted by a Cooperative Sugar Mill qualifies as 'manufacture' under Section 80P(2)(a)(iii) of the Income Tax Act, 1961. The Court directed the assessee to present an independent expert opinion and allowed the Department to engage its own expert for evaluation. Emphasizing the importance of a consistent test for 'manufacture,' the Court refrained from expressing an opinion on the merits, highlighting the need for a thorough assessment in determining the eligibility of the Cooperative Sugar Mill for tax benefits related to the marketing of agricultural produce. en-us Wed, 26 Sep 2012 00:00:00 +0530 Mon, 01 Jul 2013 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217039 The Supreme Court remitted the case back to the Commissioner of Income Tax [Appeals] for re-examination to determine whether the operation conducted by a Cooperative Sugar Mill qualifies as 'manufacture' under Section 80P(2)(a)(iii) of the Income Tax Act, 1961. The Court directed the assessee to present an independent expert opinion and allowed the Department to engage its own expert for evaluation. Emphasizing the importance of a consistent test for 'manufacture,' the Court refrained from expressing an opinion on the merits, highlighting the need for a thorough assessment in determining the eligibility of the Cooperative Sugar Mill for tax benefits related to the marketing of agricultural produce. Case-Laws Income Tax Wed, 26 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217039