https://www.taxtmi.com/caselaws?id=14247 The High Court held that quarrying and cutting granite qualifies as manufacturing or production for investment allowance under section 32A. The court affirmed the assessee's entitlement to the investment allowance. Additionally, the court ruled in favor of the assessee regarding relief under section 80HHC for exports of finished granite products, distinguishing between raw and processed granite items as per a Board circular, and allowing deductions for the export of finished granite items like slabs, monuments, and tiles. en-us Wed, 15 Nov 2000 00:00:00 +0530 Tue, 14 Jul 2009 16:39:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14247 The High Court held that quarrying and cutting granite qualifies as manufacturing or production for investment allowance under section 32A. The court affirmed the assessee's entitlement to the investment allowance. Additionally, the court ruled in favor of the assessee regarding relief under section 80HHC for exports of finished granite products, distinguishing between raw and processed granite items as per a Board circular, and allowing deductions for the export of finished granite items like slabs, monuments, and tiles. Case-Laws Income Tax Wed, 15 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14247