https://www.taxtmi.com/caselaws?id=180352 The High Court of Madras upheld the Tribunal's decision, ruling that the assembly of different parts into Wind Mills by the assessee-company constituted "manufacture" and "production" under section 80-IB of the Income-tax Act, 1961. The Court determined that the assembly process resulted in the creation of a new and distinct product, meeting the statutory criteria for the deduction. Consequently, the appeal was dismissed, and no costs were awarded. en-us Sun, 10 Jan 2010 00:00:00 +0530 Tue, 22 Mar 2016 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180352 The High Court of Madras upheld the Tribunal's decision, ruling that the assembly of different parts into Wind Mills by the assessee-company constituted "manufacture" and "production" under section 80-IB of the Income-tax Act, 1961. The Court determined that the assembly process resulted in the creation of a new and distinct product, meeting the statutory criteria for the deduction. Consequently, the appeal was dismissed, and no costs were awarded. Case-Laws Income Tax Sun, 10 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180352