https://www.taxtmi.com/caselaws?id=15977 The dominant issue was whether tyre retreading constitutes "manufacture" or "production" of an "article" so as to qualify an industrial undertaking in a backward area for deductions under ss. 80J and 80HH of the Income-tax Act, 1961. Applying SC authority, the HC held that "production", used alongside "manufacture", requires emergence of new goods; the end result must be a new article capable of being so regarded, and liberal interpretation cannot override the statutory language. Tyre retreading merely refurbishes an existing tyre and does not bring a new article into existence. Accordingly, the Tribunal's view was reversed and the assessee was held not entitled to relief under ss. 80J and 80HH. en-us Mon, 02 Mar 1998 00:00:00 +0530 Wed, 31 Dec 2025 09:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15977 The dominant issue was whether tyre retreading constitutes "manufacture" or "production" of an "article" so as to qualify an industrial undertaking in a backward area for deductions under ss. 80J and 80HH of the Income-tax Act, 1961. Applying SC authority, the HC held that "production", used alongside "manufacture", requires emergence of new goods; the end result must be a new article capable of being so regarded, and liberal interpretation cannot override the statutory language. Tyre retreading merely refurbishes an existing tyre and does not bring a new article into existence. Accordingly, the Tribunal's view was reversed and the assessee was held not entitled to relief under ss. 80J and 80HH. Case-Laws Income Tax Mon, 02 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15977