https://www.taxtmi.com/caselaws?id=17225 Construction of multi-storeyed buildings and sale of flats does not amount to manufacture or production of articles or things for the purposes of section 80J(4)(iv) and the related deduction under section 80-I. The Calcutta HC held that building construction is a construction activity, not an industrial process of manufacture or production, and therefore does not fall within the scope of an "industrial undertaking" contemplated by the relief provision. On that reasoning, the assessee was not entitled to the deduction, and the question was answered in the negative in favour of the Revenue. en-us Wed, 26 Nov 1997 00:00:00 +0530 Sat, 19 Sep 2009 11:28:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17225 Construction of multi-storeyed buildings and sale of flats does not amount to manufacture or production of articles or things for the purposes of section 80J(4)(iv) and the related deduction under section 80-I. The Calcutta HC held that building construction is a construction activity, not an industrial process of manufacture or production, and therefore does not fall within the scope of an "industrial undertaking" contemplated by the relief provision. On that reasoning, the assessee was not entitled to the deduction, and the question was answered in the negative in favour of the Revenue. Case-Laws Income Tax Wed, 26 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17225