https://www.taxtmi.com/caselaws?id=10953 The High Court held that income from the sale of scrap, not being a necessary by-product in the manufacturing process, does not qualify for special deductions under section 80HH of the Income-tax Act, 1961. Additionally, the court ruled that amounts received from insurance companies for losses unrelated to the industrial undertaking are also ineligible for such deductions. The judgment emphasizes that income must directly derive from industrial activities to be eligible for tax benefits under section 80HH. en-us Wed, 05 Nov 2003 00:00:00 +0530 Tue, 28 Jul 2009 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10953 The High Court held that income from the sale of scrap, not being a necessary by-product in the manufacturing process, does not qualify for special deductions under section 80HH of the Income-tax Act, 1961. Additionally, the court ruled that amounts received from insurance companies for losses unrelated to the industrial undertaking are also ineligible for such deductions. The judgment emphasizes that income must directly derive from industrial activities to be eligible for tax benefits under section 80HH. Case-Laws Income Tax Wed, 05 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10953