https://www.taxtmi.com/caselaws?id=341646 The High Court upheld the ITAT's decision regarding the interpretation of Section 80HH of the Income Tax Act, 1961. It affirmed that the assessee's manufacturing activities were integral to the project, making them eligible for deduction under Section 80HH based on gross total income from industrial undertakings. Despite the lack of detailed records, the Court endorsed the ITAT's decision to remit the matter to the Assessing Officer for calculating the deduction specifically for manufacturing activities. The Court dismissed the Revenue's appeal, finding no substantial question of law, and rejected all pending applications related to the assessment of tax benefits for manufacturing and construction activities. en-us Tue, 28 Mar 2017 00:00:00 +0530 Fri, 14 Apr 2017 06:59:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341646 The High Court upheld the ITAT's decision regarding the interpretation of Section 80HH of the Income Tax Act, 1961. It affirmed that the assessee's manufacturing activities were integral to the project, making them eligible for deduction under Section 80HH based on gross total income from industrial undertakings. Despite the lack of detailed records, the Court endorsed the ITAT's decision to remit the matter to the Assessing Officer for calculating the deduction specifically for manufacturing activities. The Court dismissed the Revenue's appeal, finding no substantial question of law, and rejected all pending applications related to the assessment of tax benefits for manufacturing and construction activities. Case-Laws Income Tax Tue, 28 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341646