https://www.taxtmi.com/caselaws?id=16998 The court dismissed the writ application, upholding the decision that the petitioner, a Medical Diagnostic Centre, did not qualify as an industrial undertaking eligible for tax exemption under the Income-tax Act, 1961. The court determined that the petitioner's activities of processing films for diagnosis did not meet the criteria of processing goods for sale as required by the Act. Emphasizing the distinction between processing for market preparation and processing for diagnosis purposes, the court concluded that the petitioner's use of films was solely for medical diagnosis, not for commercial purposes, rendering it ineligible for the tax exemption. en-us Mon, 01 Sep 1997 00:00:00 +0530 Mon, 14 Sep 2009 15:19:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16998 The court dismissed the writ application, upholding the decision that the petitioner, a Medical Diagnostic Centre, did not qualify as an industrial undertaking eligible for tax exemption under the Income-tax Act, 1961. The court determined that the petitioner's activities of processing films for diagnosis did not meet the criteria of processing goods for sale as required by the Act. Emphasizing the distinction between processing for market preparation and processing for diagnosis purposes, the court concluded that the petitioner's use of films was solely for medical diagnosis, not for commercial purposes, rendering it ineligible for the tax exemption. Case-Laws Income Tax Mon, 01 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16998