https://www.taxtmi.com/caselaws?id=9346 The court held that the conversion of tree trunks into logs constituted "production" under sections 32A, 80HH, and 80J of the Income-tax Act, 1961. The establishment was deemed an "industrial undertaking," meeting the criteria of employing over 20 individuals and using power. Relying on precedents and a broad interpretation of "production," the court granted the deductions sought by the assessee for the relevant assessment years. The appeal was allowed in favor of the assessee, with no costs awarded. en-us Fri, 28 Jan 2005 00:00:00 +0530 Mon, 22 Jun 2009 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9346 The court held that the conversion of tree trunks into logs constituted "production" under sections 32A, 80HH, and 80J of the Income-tax Act, 1961. The establishment was deemed an "industrial undertaking," meeting the criteria of employing over 20 individuals and using power. Relying on precedents and a broad interpretation of "production," the court granted the deductions sought by the assessee for the relevant assessment years. The appeal was allowed in favor of the assessee, with no costs awarded. Case-Laws Income Tax Fri, 28 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9346