https://www.taxtmi.com/caselaws?id=178542 The High Court ruled in favor of the Revenue, denying the assessee deductions under sections 80-I and 32A of the Income-tax Act, 1961. The Court held that the assessee's construction activities did not qualify as manufacturing articles or things for section 80-I deduction and did not meet the criteria for investment allowance under section 32A. Referencing legal precedents, the Court concluded that the nature of the assessee's business activities rendered them ineligible for the mentioned deductions, ultimately siding with the Revenue in this case. en-us Thu, 30 Sep 2004 00:00:00 +0530 Mon, 08 Feb 2016 14:55:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178542 The High Court ruled in favor of the Revenue, denying the assessee deductions under sections 80-I and 32A of the Income-tax Act, 1961. The Court held that the assessee's construction activities did not qualify as manufacturing articles or things for section 80-I deduction and did not meet the criteria for investment allowance under section 32A. Referencing legal precedents, the Court concluded that the nature of the assessee's business activities rendered them ineligible for the mentioned deductions, ultimately siding with the Revenue in this case. Case-Laws Income Tax Thu, 30 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178542