https://www.taxtmi.com/caselaws?id=14177 The Supreme Court, in a case involving the processing and export of shrimps, ruled against the assessee's claim for deduction under section 80HH of the Income-tax Act. The Court held that processing shrimps does not amount to production or manufacture, as the processed shrimps retain their original character and identity akin to raw shrimps. Despite arguments citing precedents from various High Courts, the Court emphasized that processing for export does not create a new commodity, thus denying the deduction and awarding costs to the Revenue. en-us Tue, 28 Apr 1998 00:00:00 +0530 Tue, 14 Jul 2009 12:32:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14177 The Supreme Court, in a case involving the processing and export of shrimps, ruled against the assessee's claim for deduction under section 80HH of the Income-tax Act. The Court held that processing shrimps does not amount to production or manufacture, as the processed shrimps retain their original character and identity akin to raw shrimps. Despite arguments citing precedents from various High Courts, the Court emphasized that processing for export does not create a new commodity, thus denying the deduction and awarding costs to the Revenue. Case-Laws Income Tax Tue, 28 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14177