https://www.taxtmi.com/caselaws?id=268325 The Tribunal dismissed the Revenue's appeals, confirming that the assessee's activities qualified as manufacturing and that the new enterprise was not formed through splitting up or reconstructing an existing business. Consequently, the assessee was deemed eligible for the deduction under Section 80IC of the Income Tax Act, 1961. The decision was supported by an examination of the manufacturing processes, legal precedents, and case-specific facts. en-us Fri, 16 Oct 2015 00:00:00 +0530 Tue, 24 Nov 2015 09:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268325 The Tribunal dismissed the Revenue's appeals, confirming that the assessee's activities qualified as manufacturing and that the new enterprise was not formed through splitting up or reconstructing an existing business. Consequently, the assessee was deemed eligible for the deduction under Section 80IC of the Income Tax Act, 1961. The decision was supported by an examination of the manufacturing processes, legal precedents, and case-specific facts. Case-Laws Income Tax Fri, 16 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268325