https://www.taxtmi.com/caselaws?id=12410 The HC affirmed the lower authorities, holding that receipts from sale of empty barrels and jute bags arise from activities of an industrial undertaking and fall within the ambit of section 80-I for computing special deduction; deducting those receipts from raw-material cost does not alter the net result. The court noted section 80-I would not apply if the assessee were merely trading rather than manufacturing. The appeal was dismissed. en-us Mon, 06 Dec 1999 00:00:00 +0530 Wed, 08 Oct 2025 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12410 The HC affirmed the lower authorities, holding that receipts from sale of empty barrels and jute bags arise from activities of an industrial undertaking and fall within the ambit of section 80-I for computing special deduction; deducting those receipts from raw-material cost does not alter the net result. The court noted section 80-I would not apply if the assessee were merely trading rather than manufacturing. The appeal was dismissed. Case-Laws Income Tax Mon, 06 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12410