https://www.taxtmi.com/caselaws?id=286463 The judgment determined that converting limestone into limestone powder qualifies as a manufacturing activity under Sections 80IA and 80IB of the Income Tax Act, 1961. The Tribunal's reliance on a previous case was upheld, confirming that the conversion process constitutes manufacturing. The Tribunal's alleged misconstruction of the material on records was dismissed, with the court emphasizing the clear definition of manufacturing. As a result, all issues were resolved in favor of the assessee, leading to the disposal of the appeals without costs. en-us Thu, 04 Oct 2012 00:00:00 +0530 Thu, 27 Feb 2020 14:27:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286463 The judgment determined that converting limestone into limestone powder qualifies as a manufacturing activity under Sections 80IA and 80IB of the Income Tax Act, 1961. The Tribunal's reliance on a previous case was upheld, confirming that the conversion process constitutes manufacturing. The Tribunal's alleged misconstruction of the material on records was dismissed, with the court emphasizing the clear definition of manufacturing. As a result, all issues were resolved in favor of the assessee, leading to the disposal of the appeals without costs. Case-Laws Income Tax Thu, 04 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286463