https://www.taxtmi.com/caselaws?id=246188 The Tribunal determined that the assessee's manufacturing process qualified for deduction under section 80IB(2) of the Income Tax Act as it involved transforming raw materials into a distinct commercial commodity. Expert opinions supported the manufacturing nature of the activities, leading to eligibility for the deduction. However, further verification was deemed necessary regarding the employment of 20 or more workers without power aid for claiming the deduction. The issue was remanded to the Assessing Officer for scrutiny, emphasizing the importance of meeting statutory requirements for deductions under the Income Tax Act. en-us Fri, 28 Feb 2014 00:00:00 +0530 Fri, 18 Apr 2014 16:01:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246188 The Tribunal determined that the assessee's manufacturing process qualified for deduction under section 80IB(2) of the Income Tax Act as it involved transforming raw materials into a distinct commercial commodity. Expert opinions supported the manufacturing nature of the activities, leading to eligibility for the deduction. However, further verification was deemed necessary regarding the employment of 20 or more workers without power aid for claiming the deduction. The issue was remanded to the Assessing Officer for scrutiny, emphasizing the importance of meeting statutory requirements for deductions under the Income Tax Act. Case-Laws Income Tax Fri, 28 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246188