https://www.taxtmi.com/caselaws?id=10882 The court ruled in favor of the Revenue and against the assessee concerning the deduction under section 80-I for the assessment years 1983-84 to 1985-86. It was held that if the assessee does not engage in manufacturing activities but leases out the factory to a third party for manufacturing, the deduction under section 80-I is not applicable. However, the court ruled in favor of the assessee regarding the deletion of addition made under section 43B for the assessment year 1985-86, following the precedent set in Allied Motors P. Ltd. v. CIT. en-us Tue, 29 Apr 2003 00:00:00 +0530 Mon, 27 Jul 2009 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10882 The court ruled in favor of the Revenue and against the assessee concerning the deduction under section 80-I for the assessment years 1983-84 to 1985-86. It was held that if the assessee does not engage in manufacturing activities but leases out the factory to a third party for manufacturing, the deduction under section 80-I is not applicable. However, the court ruled in favor of the assessee regarding the deletion of addition made under section 43B for the assessment year 1985-86, following the precedent set in Allied Motors P. Ltd. v. CIT. Case-Laws Income Tax Tue, 29 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10882