https://www.taxtmi.com/caselaws?id=16240 The court dismissed the writ petition challenging the rejection of an exemption certificate application under section 206C of the Income-tax Act. The petitioner's activities of trading petroleum products and processing bidi leaves, including kendu leaves, were found not to constitute "processing" as per tax laws. The court emphasized that administrative circulars cannot override judicial interpretations, ruling against the petitioner's claim for the certificate. Justice C. R. Pal concurred with the decision, highlighting the importance of established legal interpretations in tax matters and the limited impact of administrative directives on judicial decisions. en-us Fri, 26 Mar 1999 00:00:00 +0530 Fri, 04 Sep 2009 16:37:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16240 The court dismissed the writ petition challenging the rejection of an exemption certificate application under section 206C of the Income-tax Act. The petitioner's activities of trading petroleum products and processing bidi leaves, including kendu leaves, were found not to constitute "processing" as per tax laws. The court emphasized that administrative circulars cannot override judicial interpretations, ruling against the petitioner's claim for the certificate. Justice C. R. Pal concurred with the decision, highlighting the importance of established legal interpretations in tax matters and the limited impact of administrative directives on judicial decisions. Case-Laws Income Tax Fri, 26 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16240