https://www.taxtmi.com/caselaws?id=251727 The High Court upheld the Tribunal's decision, dismissing the Revenue's appeals. It concluded that the assessees are entitled to the benefits of Section 80 P (2) (a) (ii) as cottage industries. The Court emphasized that the size of the industry or the number of workers employed cannot disqualify the assessees from being considered cottage industries, as long as they are recognized as such under relevant laws. The Court also reiterated that statutory provisions cannot be overridden by administrative circulars. Consequently, all appeals filed by the Revenue were dismissed, and the orders of the Commissioner of Income Tax (Appeals) were upheld. en-us Thu, 04 Sep 2014 00:00:00 +0530 Fri, 26 Sep 2014 06:36:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251727 The High Court upheld the Tribunal's decision, dismissing the Revenue's appeals. It concluded that the assessees are entitled to the benefits of Section 80 P (2) (a) (ii) as cottage industries. The Court emphasized that the size of the industry or the number of workers employed cannot disqualify the assessees from being considered cottage industries, as long as they are recognized as such under relevant laws. The Court also reiterated that statutory provisions cannot be overridden by administrative circulars. Consequently, all appeals filed by the Revenue were dismissed, and the orders of the Commissioner of Income Tax (Appeals) were upheld. Case-Laws Income Tax Thu, 04 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251727