https://www.taxtmi.com/caselaws?id=269159 The High Court confirmed that the activities undertaken by the assessee, a partnership firm engaged in manufacturing and exporting wooden and brass articles, qualified as manufacturing under section 10B(2)(i) of the Income Tax Act. The CIT's attempt to revise assessment orders for 2006-07, 2007-08, and 2009-10 under section 263 was deemed unjustified as the Assessing Officer's decisions were reasonable and sustainable. The Tribunal allowed the assessee's appeals and upheld their entitlement to deductions under section 10B for the relevant years, dismissing the revenue's appeal for 2008-09. en-us Mon, 30 Nov 2015 00:00:00 +0530 Wed, 09 Dec 2015 09:35:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269159 The High Court confirmed that the activities undertaken by the assessee, a partnership firm engaged in manufacturing and exporting wooden and brass articles, qualified as manufacturing under section 10B(2)(i) of the Income Tax Act. The CIT's attempt to revise assessment orders for 2006-07, 2007-08, and 2009-10 under section 263 was deemed unjustified as the Assessing Officer's decisions were reasonable and sustainable. The Tribunal allowed the assessee's appeals and upheld their entitlement to deductions under section 10B for the relevant years, dismissing the revenue's appeal for 2008-09. Case-Laws Income Tax Mon, 30 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269159