https://www.taxtmi.com/caselaws?id=2094 The Court allowed the petitions, directing the Income Tax Appellate Tribunal to frame a statement of the case and refer the question of law under Section 256(2) of the Income-tax Act, 1961 regarding the claim under Section 80-I for an assessee engaged in the business of manufacture and sale of shoes. The Court emphasized the need for clarification on the classification of the assessee as an industrial undertaking due to conflicting views among different High Courts, leading to the decision in favor of the assessee for further resolution. en-us Thu, 19 Jul 2007 00:00:00 +0530 Fri, 01 Aug 2008 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2094 The Court allowed the petitions, directing the Income Tax Appellate Tribunal to frame a statement of the case and refer the question of law under Section 256(2) of the Income-tax Act, 1961 regarding the claim under Section 80-I for an assessee engaged in the business of manufacture and sale of shoes. The Court emphasized the need for clarification on the classification of the assessee as an industrial undertaking due to conflicting views among different High Courts, leading to the decision in favor of the assessee for further resolution. Case-Laws Income Tax Thu, 19 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2094