https://www.taxtmi.com/caselaws?id=16973 Engineering and design charges earned by a manufacturing industrial undertaking were treated as part of the manufacturing process because the activity was connected only with the assessee's own products, giving the receipts the required nexus with the undertaking; they were therefore regarded as profits derived from the industrial undertaking for deduction under section 80-I. Receipts such as rent, interest, scrap and exchange difference were treated as raising a question of law on their nexus with the undertaking, and the Tribunal was required to refer a reframed question under section 256(2) because the exact figures and heads of income had not been clearly found. en-us Wed, 17 Sep 1997 00:00:00 +0530 Mon, 14 Sep 2009 13:16:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16973 Engineering and design charges earned by a manufacturing industrial undertaking were treated as part of the manufacturing process because the activity was connected only with the assessee's own products, giving the receipts the required nexus with the undertaking; they were therefore regarded as profits derived from the industrial undertaking for deduction under section 80-I. Receipts such as rent, interest, scrap and exchange difference were treated as raising a question of law on their nexus with the undertaking, and the Tribunal was required to refer a reframed question under section 256(2) because the exact figures and heads of income had not been clearly found. Case-Laws Income Tax Wed, 17 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16973