https://www.taxtmi.com/caselaws?id=387517 The court dismissed the Revenue's appeal and affirmed the ITAT's decision to allow the deduction under Section 10B of the Income Tax Act. It held that the processes undertaken by the assessee constituted manufacturing, transforming the raw material into a new and distinct product, Copper Cladded Glass Epoxy Laminate (CCGL). The court concluded that the assessee was entitled to the deduction under Section 10B, answering the legal questions in favor of the assessee and against the Revenue. en-us Mon, 16 Sep 2019 00:00:00 +0530 Thu, 27 Feb 2020 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387517 The court dismissed the Revenue's appeal and affirmed the ITAT's decision to allow the deduction under Section 10B of the Income Tax Act. It held that the processes undertaken by the assessee constituted manufacturing, transforming the raw material into a new and distinct product, Copper Cladded Glass Epoxy Laminate (CCGL). The court concluded that the assessee was entitled to the deduction under Section 10B, answering the legal questions in favor of the assessee and against the Revenue. Case-Laws Income Tax Mon, 16 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387517