https://www.taxtmi.com/caselaws?id=195648 The Court dismissed both appeals challenging the Income Tax Appellate Tribunal's decision that bottling LPG gas into cylinders constitutes manufacturing under Sections 80HH/80I/80IA of the Income Tax Act, 1961. The Tribunal's ruling was upheld based on the marketability of the product through the bottling process, supported by a previous High Court judgment. The Revenue did not contest the issue, accepting the precedential decision against them. The Court emphasized the importance of legal precedent in tax matters and upheld consistency in legal interpretation, affirming the manufacturing nature of the activity without awarding costs. en-us Tue, 23 Aug 2016 00:00:00 +0530 Mon, 06 Nov 2017 21:04:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195648 The Court dismissed both appeals challenging the Income Tax Appellate Tribunal's decision that bottling LPG gas into cylinders constitutes manufacturing under Sections 80HH/80I/80IA of the Income Tax Act, 1961. The Tribunal's ruling was upheld based on the marketability of the product through the bottling process, supported by a previous High Court judgment. The Revenue did not contest the issue, accepting the precedential decision against them. The Court emphasized the importance of legal precedent in tax matters and upheld consistency in legal interpretation, affirming the manufacturing nature of the activity without awarding costs. Case-Laws Income Tax Tue, 23 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195648