https://www.taxtmi.com/caselaws?id=17468 The High Court ruled against the assessee, denying deductions claimed under sections 80HH and 80-I of the Income-tax Act, 1961. The court held that the construction of overhead water tanks did not qualify as an industrial undertaking engaged in manufacturing or production of articles or things. Citing legal precedents, the court emphasized the distinction between construction activities and manufacturing processes. The Tribunal's decision to allow deductions was deemed unjustified, leading to the ruling in favor of the Department and the denial of claimed deductions. en-us Sat, 11 May 1996 00:00:00 +0530 Tue, 22 Sep 2009 15:28:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17468 The High Court ruled against the assessee, denying deductions claimed under sections 80HH and 80-I of the Income-tax Act, 1961. The court held that the construction of overhead water tanks did not qualify as an industrial undertaking engaged in manufacturing or production of articles or things. Citing legal precedents, the court emphasized the distinction between construction activities and manufacturing processes. The Tribunal's decision to allow deductions was deemed unjustified, leading to the ruling in favor of the Department and the denial of claimed deductions. Case-Laws Income Tax Sat, 11 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17468