https://www.taxtmi.com/caselaws?id=170889 The Tribunal allowed the appellant's appeal for deduction under section 80P(2)(a)(iii) of the Income Tax Act, emphasizing the applicability of relevant legal precedents and the necessity for a detailed examination of the manufacturing process. The Tribunal held that the claim should be considered despite not being in a revised return, citing a High Court judgment allowing deduction claims made during assessment proceedings. Additionally, the Tribunal referred to a Supreme Court decision on the definition of "manufacture" in the appellant's context and remitted the issue back to the CIT (Appeals) for further review in accordance with the Supreme Court's guidance. en-us Fri, 24 May 2013 00:00:00 +0530 Wed, 24 Jun 2015 11:51:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170889 The Tribunal allowed the appellant's appeal for deduction under section 80P(2)(a)(iii) of the Income Tax Act, emphasizing the applicability of relevant legal precedents and the necessity for a detailed examination of the manufacturing process. The Tribunal held that the claim should be considered despite not being in a revised return, citing a High Court judgment allowing deduction claims made during assessment proceedings. Additionally, the Tribunal referred to a Supreme Court decision on the definition of "manufacture" in the appellant's context and remitted the issue back to the CIT (Appeals) for further review in accordance with the Supreme Court's guidance. Case-Laws Income Tax Fri, 24 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170889