https://www.taxtmi.com/caselaws?id=171359 The High Court ruled in favor of the assessee firm, a rice miller, allowing the deduction under section 80J of the Income-tax Act, 1961. The Court upheld the decision of the Tribunal, emphasizing that the firm qualified as an industrial undertaking and met the criteria for deduction based on the engagement of more than 10 workers in the manufacturing process. The Court rejected the Department's argument and referred to a previous judgment to support its decision, highlighting the importance of interpreting the manufacturing process for claiming deductions under the Income-tax Act. en-us Fri, 25 Feb 2005 00:00:00 +0530 Fri, 17 Jul 2015 16:56:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171359 The High Court ruled in favor of the assessee firm, a rice miller, allowing the deduction under section 80J of the Income-tax Act, 1961. The Court upheld the decision of the Tribunal, emphasizing that the firm qualified as an industrial undertaking and met the criteria for deduction based on the engagement of more than 10 workers in the manufacturing process. The Court rejected the Department's argument and referred to a previous judgment to support its decision, highlighting the importance of interpreting the manufacturing process for claiming deductions under the Income-tax Act. Case-Laws Income Tax Fri, 25 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171359