https://www.taxtmi.com/caselaws?id=362647 Processing of semi-finished garments through ironing, labelling, bar-coding, packing and affixing stickers was treated as manufacture because the activities transformed the goods into export-worthy, saleable products with a distinct commercial identity. The Calcutta HC applied the commercial test of manufacture, recognising that the concept is not limited to creation of an entirely new article but extends to processing that materially changes the commodity. On the factual record, the Tribunal's finding that the assessee carried on manufacturing activity was neither perverse nor unreasonable. The assessee was therefore entitled to deduction under Section 10B of the Income-tax Act, 1961. en-us Wed, 27 Jun 2018 00:00:00 +0530 Thu, 17 Jan 2019 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362647 Processing of semi-finished garments through ironing, labelling, bar-coding, packing and affixing stickers was treated as manufacture because the activities transformed the goods into export-worthy, saleable products with a distinct commercial identity. The Calcutta HC applied the commercial test of manufacture, recognising that the concept is not limited to creation of an entirely new article but extends to processing that materially changes the commodity. On the factual record, the Tribunal's finding that the assessee carried on manufacturing activity was neither perverse nor unreasonable. The assessee was therefore entitled to deduction under Section 10B of the Income-tax Act, 1961. Case-Laws Income Tax Wed, 27 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362647