https://www.taxtmi.com/caselaws?id=256292 The Court ruled in favor of the appellant, determining that their seed processing activities qualified as manufacturing under sections 80I and 80IA of the Income-tax Act. The Court held that the processes involved in seed processing constituted substantial transformation, making them eligible for deductions. Additionally, the Court found the reopening of assessments to be unwarranted and allowed the processing charges on seeds as deductible expenses. The appellant's appeals were allowed, while those of the Revenue were dismissed. en-us Fri, 12 Dec 2014 00:00:00 +0530 Mon, 09 Feb 2015 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256292 The Court ruled in favor of the appellant, determining that their seed processing activities qualified as manufacturing under sections 80I and 80IA of the Income-tax Act. The Court held that the processes involved in seed processing constituted substantial transformation, making them eligible for deductions. Additionally, the Court found the reopening of assessments to be unwarranted and allowed the processing charges on seeds as deductible expenses. The appellant's appeals were allowed, while those of the Revenue were dismissed. Case-Laws Income Tax Fri, 12 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256292