https://www.taxtmi.com/caselaws?id=9603 The court upheld the Tribunal's decision, affirming the assessee's entitlement to weighted deduction under section 32A for the assessment year 1979-80. The court found that the assessee met the conditions as a small-scale exporter and industrial unit, based on machinery ownership and production activities, distinguishing this case from previous rulings. The Department's appeal was dismissed, with the court ruling in favor of the assessee and emphasizing the significance of machinery ownership and process activities in determining eligibility for tax deductions. en-us Tue, 09 Aug 2005 00:00:00 +0530 Sat, 27 Jun 2009 19:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9603 The court upheld the Tribunal's decision, affirming the assessee's entitlement to weighted deduction under section 32A for the assessment year 1979-80. The court found that the assessee met the conditions as a small-scale exporter and industrial unit, based on machinery ownership and production activities, distinguishing this case from previous rulings. The Department's appeal was dismissed, with the court ruling in favor of the assessee and emphasizing the significance of machinery ownership and process activities in determining eligibility for tax deductions. Case-Laws Income Tax Tue, 09 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9603