https://www.taxtmi.com/caselaws?id=369628 Deduction under section 80IB is available to a composite industrial undertaking where several connected units together carry out the manufacturing process and produce a single marketable product. Physical separation of activities such as cutting, stitching, storage, buttoning and packing does not make each location a separate independent undertaking when the operations are interlinked. Separate books of account for each physical unit are not required in such a case, because the units form parts of the same manufacturing set-up. A partner's statement alone was insufficient to displace this position, and the disallowance of the deduction was unsustainable. en-us Fri, 26 Oct 2018 00:00:00 +0530 Tue, 30 Oct 2018 20:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369628 Deduction under section 80IB is available to a composite industrial undertaking where several connected units together carry out the manufacturing process and produce a single marketable product. Physical separation of activities such as cutting, stitching, storage, buttoning and packing does not make each location a separate independent undertaking when the operations are interlinked. Separate books of account for each physical unit are not required in such a case, because the units form parts of the same manufacturing set-up. A partner's statement alone was insufficient to displace this position, and the disallowance of the deduction was unsustainable. Case-Laws Income Tax Fri, 26 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369628