https://www.taxtmi.com/caselaws?id=372799 The Court held in favor of the assessee, ruling that the installation of specialized equipment constitutes manufacturing activity for tax relief under section 80IB of the Income Tax Act. The Court emphasized the interconnected nature of the contract's design, supply, installation, and maintenance components, concluding that these activities collectively amounted to the manufacture of an article or thing. The judgment underscores the significance of considering the entirety of a contract and its integrated elements in determining eligibility for tax deductions related to manufacturing activities. en-us Mon, 19 Nov 2018 00:00:00 +0530 Sat, 29 Dec 2018 11:33:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372799 The Court held in favor of the assessee, ruling that the installation of specialized equipment constitutes manufacturing activity for tax relief under section 80IB of the Income Tax Act. The Court emphasized the interconnected nature of the contract's design, supply, installation, and maintenance components, concluding that these activities collectively amounted to the manufacture of an article or thing. The judgment underscores the significance of considering the entirety of a contract and its integrated elements in determining eligibility for tax deductions related to manufacturing activities. Case-Laws Income Tax Mon, 19 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372799