https://www.taxtmi.com/caselaws?id=9568 The case involved a private limited company claiming relief under sections 80HH and 80-I of the Income-tax Act for the assessment years 1984-85 and 1985-86. The Tribunal ruled in favor of the assessee, determining that the company's activity of manufacturing bidies qualified as an industrial activity, meeting the criteria for relief under the mentioned sections. The Tribunal also clarified that only the value of machinery and plant specifically installed for the industrial undertaking should be considered when determining if a unit qualifies as a small scale industrial undertaking. The judgment favored the assessee, upholding their claim and providing clarity on the assessment criteria. en-us Mon, 09 Jan 2006 00:00:00 +0530 Sat, 27 Jun 2009 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9568 The case involved a private limited company claiming relief under sections 80HH and 80-I of the Income-tax Act for the assessment years 1984-85 and 1985-86. The Tribunal ruled in favor of the assessee, determining that the company's activity of manufacturing bidies qualified as an industrial activity, meeting the criteria for relief under the mentioned sections. The Tribunal also clarified that only the value of machinery and plant specifically installed for the industrial undertaking should be considered when determining if a unit qualifies as a small scale industrial undertaking. The judgment favored the assessee, upholding their claim and providing clarity on the assessment criteria. Case-Laws Income Tax Mon, 09 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9568