https://www.taxtmi.com/caselaws?id=17329 The court upheld the Tribunal's decision, ruling against the assessee and in favor of the Revenue regarding the eligibility for deduction under sections 80HH and 80-I of the Income-tax Act for an industrial unit rearing chicks into broilers. The court emphasized that the process did not result in a substantial change to acquire a new commercial identity, and the chicks retained their original identity. The court also supported the Tribunal's decision not to follow a favorable precedent from the Andhra Pradesh High Court, as there was no decision from the jurisdictional High Court on the issue. en-us Wed, 06 Nov 1996 00:00:00 +0530 Mon, 21 Sep 2009 16:03:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17329 The court upheld the Tribunal's decision, ruling against the assessee and in favor of the Revenue regarding the eligibility for deduction under sections 80HH and 80-I of the Income-tax Act for an industrial unit rearing chicks into broilers. The court emphasized that the process did not result in a substantial change to acquire a new commercial identity, and the chicks retained their original identity. The court also supported the Tribunal's decision not to follow a favorable precedent from the Andhra Pradesh High Court, as there was no decision from the jurisdictional High Court on the issue. Case-Laws Income Tax Wed, 06 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17329