https://www.taxtmi.com/caselaws?id=189491 The Appellate Tribunal upheld the decision of the Ld. CIT(A) that the assessee's activities constituted manufacturing under section 80 IC of the Income Tax Act, 1961. The Tribunal dismissed the revenue's appeals, affirming the assessee's entitlement to claim deductions under section 80 IC based on the substantial transformation of raw materials into finished products in the manufacturing process. Legal precedents and the nature of the activities were crucial factors in determining eligibility for tax deductions in this case. en-us Tue, 27 Aug 2013 00:00:00 +0530 Wed, 11 Jan 2017 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189491 The Appellate Tribunal upheld the decision of the Ld. CIT(A) that the assessee's activities constituted manufacturing under section 80 IC of the Income Tax Act, 1961. The Tribunal dismissed the revenue's appeals, affirming the assessee's entitlement to claim deductions under section 80 IC based on the substantial transformation of raw materials into finished products in the manufacturing process. Legal precedents and the nature of the activities were crucial factors in determining eligibility for tax deductions in this case. Case-Laws Income Tax Tue, 27 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189491