https://www.taxtmi.com/caselaws?id=234399 The High Court considered appeals regarding the interpretation of Section 80 IB of the Income Tax Act, focusing on whether cutting stone and manufacturing tiles qualified as production for deduction eligibility. Relying on precedents like the Arihant Tiles & Marbles case, the Court dismissed the Revenue's appeals for the assessment years 2005-06 and 2006-07. The Court found the legal issues had been settled in a prior case involving the same assessee for the assessment year 2003-04, upholding the assessee's eligibility for deductions and ruling against the Revenue without imposing costs. en-us Tue, 21 May 2013 00:00:00 +0530 Mon, 10 Jun 2013 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234399 The High Court considered appeals regarding the interpretation of Section 80 IB of the Income Tax Act, focusing on whether cutting stone and manufacturing tiles qualified as production for deduction eligibility. Relying on precedents like the Arihant Tiles & Marbles case, the Court dismissed the Revenue's appeals for the assessment years 2005-06 and 2006-07. The Court found the legal issues had been settled in a prior case involving the same assessee for the assessment year 2003-04, upholding the assessee's eligibility for deductions and ruling against the Revenue without imposing costs. Case-Laws Income Tax Tue, 21 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234399