https://www.taxtmi.com/caselaws?id=240586 The High Court held that bottling LPG gas into cylinders qualifies as production activity under Section 80IB of the Income Tax Act. The Court considered the creation of a new product, the gas cylinder, as a key factor in determining eligibility for the deduction. Relying on precedents from the Bombay High Court and the Supreme Court, the High Court ruled in favor of the appellant, setting aside the lower authorities' orders and not awarding costs in the matter. en-us Mon, 07 Oct 2013 00:00:00 +0530 Sat, 05 Apr 2014 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240586 The High Court held that bottling LPG gas into cylinders qualifies as production activity under Section 80IB of the Income Tax Act. The Court considered the creation of a new product, the gas cylinder, as a key factor in determining eligibility for the deduction. Relying on precedents from the Bombay High Court and the Supreme Court, the High Court ruled in favor of the appellant, setting aside the lower authorities' orders and not awarding costs in the matter. Case-Laws Income Tax Mon, 07 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240586