https://www.taxtmi.com/caselaws?id=249355 The Gujarat High Court ruled in a group of appeals involving the deduction under Section 80IB of the Income Tax Act. The Court held that the activities of the assessee, which included buying basic computer items and assembling them, qualified as manufacturing for the deduction. It was determined that the assessee met the condition of employing more than ten persons, as confirmed by the Commissioner of Income Tax (Appeals). Following a precedent set by a Division Bench, the Court dismissed the revenue's appeals and ruled in favor of the assessee, upholding their entitlement to the deduction under Section 80IB. en-us Tue, 24 Jun 2014 00:00:00 +0530 Wed, 20 Aug 2014 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249355 The Gujarat High Court ruled in a group of appeals involving the deduction under Section 80IB of the Income Tax Act. The Court held that the activities of the assessee, which included buying basic computer items and assembling them, qualified as manufacturing for the deduction. It was determined that the assessee met the condition of employing more than ten persons, as confirmed by the Commissioner of Income Tax (Appeals). Following a precedent set by a Division Bench, the Court dismissed the revenue's appeals and ruled in favor of the assessee, upholding their entitlement to the deduction under Section 80IB. Case-Laws Income Tax Tue, 24 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249355