https://www.taxtmi.com/caselaws?id=5731 The dominant issue was whether granite exported from India qualifies for deduction under s. 80HHC, or is excluded as "minerals and ores" under s. 80HHC(2)(b)(ii). Applying noscitur a sociis, the SC held that "minerals" must be construed in association with "mineral oil" and "ores" to cover all substances extracted from the earth; granite, being extracted from the earth, falls within the excluded category. In the absence of any record showing export of value-added granite that could take it outside the exclusion, the assessee was held not entitled to s. 80HHC deduction, and the appeals were dismissed with costs. en-us Thu, 18 Mar 1999 00:00:00 +0530 Thu, 18 Dec 2025 19:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5731 The dominant issue was whether granite exported from India qualifies for deduction under s. 80HHC, or is excluded as "minerals and ores" under s. 80HHC(2)(b)(ii). Applying noscitur a sociis, the SC held that "minerals" must be construed in association with "mineral oil" and "ores" to cover all substances extracted from the earth; granite, being extracted from the earth, falls within the excluded category. In the absence of any record showing export of value-added granite that could take it outside the exclusion, the assessee was held not entitled to s. 80HHC deduction, and the appeals were dismissed with costs. Case-Laws Income Tax Thu, 18 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5731