https://www.taxtmi.com/caselaws?id=245123 The High Court ruled in favor of the respondent, allowing deductions under Sections 80HH and 80I of the Income Tax Act. It determined that the activities of converting granite boulders into small pieces constituted production, meeting the criteria for deductions. The Court emphasized that the end products had distinct commercial identities, justifying the deductions. Additionally, it clarified that the respondent was entitled to deductions under multiple sections if the conditions were met, affirming the Tribunal's decision and granting deductions under Sections 80HH, 80I, and 80IB. en-us Mon, 20 Jan 2014 00:00:00 +0530 Thu, 20 Mar 2014 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245123 The High Court ruled in favor of the respondent, allowing deductions under Sections 80HH and 80I of the Income Tax Act. It determined that the activities of converting granite boulders into small pieces constituted production, meeting the criteria for deductions. The Court emphasized that the end products had distinct commercial identities, justifying the deductions. Additionally, it clarified that the respondent was entitled to deductions under multiple sections if the conditions were met, affirming the Tribunal's decision and granting deductions under Sections 80HH, 80I, and 80IB. Case-Laws Income Tax Mon, 20 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245123