https://www.taxtmi.com/caselaws?id=237539 The High Court upheld the Tribunal's decision, ruling that the assessee's activities qualified as manufacturing under Section 80 IC. The Court emphasized the transformation of raw materials into distinct products with altered characteristics, aligning with legal definitions. Citing relevant precedents, the Court dismissed the Revenue's appeal, affirming the eligibility for tax deduction and concluding the case without costs. en-us Tue, 13 Aug 2013 00:00:00 +0530 Wed, 25 Feb 2026 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237539 The High Court upheld the Tribunal's decision, ruling that the assessee's activities qualified as manufacturing under Section 80 IC. The Court emphasized the transformation of raw materials into distinct products with altered characteristics, aligning with legal definitions. Citing relevant precedents, the Court dismissed the Revenue's appeal, affirming the eligibility for tax deduction and concluding the case without costs. Case-Laws Income Tax Tue, 13 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237539