https://www.taxtmi.com/caselaws?id=259307 The Tribunal dismissed the Revenue's appeal, affirming the assessee's eligibility for deduction under section 80IB of the Income Tax Act, 1961, amounting to Rs. 5,55,43,533. The Tribunal upheld the CIT(A)'s decision that the activity of the assessee, a partnership firm engaged in an industrial undertaking, qualified as manufacturing, making them eligible for the deduction. The judgment was pronounced on March 13, 2015, emphasizing the consistent classification of the activity as manufacturing across assessment years. en-us Fri, 13 Mar 2015 00:00:00 +0530 Thu, 07 May 2015 07:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259307 The Tribunal dismissed the Revenue's appeal, affirming the assessee's eligibility for deduction under section 80IB of the Income Tax Act, 1961, amounting to Rs. 5,55,43,533. The Tribunal upheld the CIT(A)'s decision that the activity of the assessee, a partnership firm engaged in an industrial undertaking, qualified as manufacturing, making them eligible for the deduction. The judgment was pronounced on March 13, 2015, emphasizing the consistent classification of the activity as manufacturing across assessment years. Case-Laws Income Tax Fri, 13 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259307