https://www.taxtmi.com/caselaws?id=5281 Strawboard was treated as falling within the expression "paper and pulp" in the relevant tax schedules, because that phrase was construed broadly to cover the paper and pulp industry as a whole. The Court relied on the comparable manufacturing process, the industrial licence, and the statutory treatment of strawboard alongside paperboard and newsprint to support inclusion. A liberal interpretation was applied to advance the purpose of tax incentives for industrial development, with the result that the assessee qualified for concessional income-tax treatment, higher development rebate, and deduction under section 80E. en-us Fri, 28 Apr 1989 00:00:00 +0530 Tue, 28 Oct 2025 13:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5281 Strawboard was treated as falling within the expression "paper and pulp" in the relevant tax schedules, because that phrase was construed broadly to cover the paper and pulp industry as a whole. The Court relied on the comparable manufacturing process, the industrial licence, and the statutory treatment of strawboard alongside paperboard and newsprint to support inclusion. A liberal interpretation was applied to advance the purpose of tax incentives for industrial development, with the result that the assessee qualified for concessional income-tax treatment, higher development rebate, and deduction under section 80E. Case-Laws Income Tax Fri, 28 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5281