https://www.taxtmi.com/caselaws?id=178062 The HC dismissed the revenue's appeal under section 260A of the Income-tax Act, 1961, upholding the Income-tax Appellate Tribunal's decision that the assessee's activities qualified as manufacturing under section 80-IA. The HC agreed with the Tribunal's finding that the assessee's process of assembling raw materials into a Semi-finished Automotive Filter constituted manufacturing, as it resulted in a new and distinct product. The Court concluded that the issue did not raise a substantial question of law, thereby affirming the assessee's entitlement to the deduction. en-us Tue, 09 Dec 2008 00:00:00 +0530 Tue, 05 Dec 2023 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178062 The HC dismissed the revenue's appeal under section 260A of the Income-tax Act, 1961, upholding the Income-tax Appellate Tribunal's decision that the assessee's activities qualified as manufacturing under section 80-IA. The HC agreed with the Tribunal's finding that the assessee's process of assembling raw materials into a Semi-finished Automotive Filter constituted manufacturing, as it resulted in a new and distinct product. The Court concluded that the issue did not raise a substantial question of law, thereby affirming the assessee's entitlement to the deduction. Case-Laws Income Tax Tue, 09 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178062