https://www.taxtmi.com/caselaws?id=285009 Deduction under section 80-IC is unavailable unless the assessee proves genuine commencement of manufacturing at the claimed unit. The Tribunal noted that absence of plant, machinery, workforce and other operational indicia can negate a claim of actual manufacturing activity, and that unsupported turnover assertions are insufficient. It also examined the statutory bar on using previously used machinery beyond the prescribed limit, stressing that the assessee must prove compliance with the machinery condition through reliable evidence. Finally, it treated a unit lacking independent infrastructure or manpower as potentially falling within splitting up or reconstruction of an existing business, which disqualifies the exemption. en-us Mon, 16 Jan 2017 00:00:00 +0530 Sat, 21 Dec 2019 10:04:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285009 Deduction under section 80-IC is unavailable unless the assessee proves genuine commencement of manufacturing at the claimed unit. The Tribunal noted that absence of plant, machinery, workforce and other operational indicia can negate a claim of actual manufacturing activity, and that unsupported turnover assertions are insufficient. It also examined the statutory bar on using previously used machinery beyond the prescribed limit, stressing that the assessee must prove compliance with the machinery condition through reliable evidence. Finally, it treated a unit lacking independent infrastructure or manpower as potentially falling within splitting up or reconstruction of an existing business, which disqualifies the exemption. Case-Laws Income Tax Mon, 16 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285009