https://www.taxtmi.com/caselaws?id=239660 The Tribunal allowed the appeal against the order u/s 263 of the IT Act for Assessment year 2004-05, concerning the benefit of deduction u/s 10B for blending tea. The Tribunal held that blending tea constituted manufacture or production of a new article for claiming exemption u/s 10B, following the precedent set by the Special Bench and higher judicial authorities. The order u/s 263 was quashed as it was limited to the issue of deduction u/s 10B for blending tea, which had already been decided in the assessee's favor by the Coordinate Bench for the succeeding year. en-us Wed, 13 Nov 2013 00:00:00 +0530 Tue, 19 Nov 2013 08:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239660 The Tribunal allowed the appeal against the order u/s 263 of the IT Act for Assessment year 2004-05, concerning the benefit of deduction u/s 10B for blending tea. The Tribunal held that blending tea constituted manufacture or production of a new article for claiming exemption u/s 10B, following the precedent set by the Special Bench and higher judicial authorities. The order u/s 263 was quashed as it was limited to the issue of deduction u/s 10B for blending tea, which had already been decided in the assessee's favor by the Coordinate Bench for the succeeding year. Case-Laws Income Tax Wed, 13 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239660