https://www.taxtmi.com/caselaws?id=259812 The High Court upheld the Tribunal's decision, confirming that the assembling process for instruments and apparatus for measuring ionizing radiators constituted manufacturing under Section 10B of the Income Tax Act, 1961. The court emphasized the substantial transformation of raw materials into a distinct commodity, qualifying the activity for the deduction. Consequently, the appeals contesting the Tribunal's ruling were dismissed, and the assessee was deemed eligible for the deduction, resolving the legal issue in their favor. en-us Mon, 19 Jan 2015 00:00:00 +0530 Tue, 03 May 2016 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259812 The High Court upheld the Tribunal's decision, confirming that the assembling process for instruments and apparatus for measuring ionizing radiators constituted manufacturing under Section 10B of the Income Tax Act, 1961. The court emphasized the substantial transformation of raw materials into a distinct commodity, qualifying the activity for the deduction. Consequently, the appeals contesting the Tribunal's ruling were dismissed, and the assessee was deemed eligible for the deduction, resolving the legal issue in their favor. Case-Laws Income Tax Mon, 19 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259812