https://www.taxtmi.com/caselaws?id=356817 The ITAT held that the assessee's activities amounted to manufacturing, overturning the AO and CIT(A)'s disallowance of the deduction under section 80IC for manufacturing External Hard Disk and External DVD Writer. The ITAT emphasized that the processes undertaken resulted in distinct and marketable products, and the absence of heavy machinery or highly qualified personnel did not negate the manufacturing activity. The ITAT relied on various judicial precedents to support its conclusion and allowed the assessee's appeal. en-us Wed, 24 Jan 2018 00:00:00 +0530 Tue, 13 Mar 2018 08:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356817 The ITAT held that the assessee's activities amounted to manufacturing, overturning the AO and CIT(A)'s disallowance of the deduction under section 80IC for manufacturing External Hard Disk and External DVD Writer. The ITAT emphasized that the processes undertaken resulted in distinct and marketable products, and the absence of heavy machinery or highly qualified personnel did not negate the manufacturing activity. The ITAT relied on various judicial precedents to support its conclusion and allowed the assessee's appeal. Case-Laws Income Tax Wed, 24 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356817