https://www.taxtmi.com/caselaws?id=19588 The court ruled in favor of the assessee, determining that the activities of cutting tobacco leaves into small pieces and removing unwanted parts constituted processing, allowing the company to be taxed at 55%. Additionally, the court upheld the Tribunal's decision to set aside the Commissioner's order under section 263 of the Income Tax Act. The judgment concluded without awarding costs. en-us Tue, 06 Sep 1994 00:00:00 +0530 Sat, 07 Nov 2009 11:53:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19588 The court ruled in favor of the assessee, determining that the activities of cutting tobacco leaves into small pieces and removing unwanted parts constituted processing, allowing the company to be taxed at 55%. Additionally, the court upheld the Tribunal's decision to set aside the Commissioner's order under section 263 of the Income Tax Act. The judgment concluded without awarding costs. Case-Laws Income Tax Tue, 06 Sep 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19588