https://www.taxtmi.com/caselaws?id=396546 The ITAT upheld the CIT(A)'s decision, allowing the assessee's full deduction claim under section 80IB of the Income Tax Act. The Tribunal determined that job work was an integral part of the manufacturing process, thus qualifying for the deduction. It also ruled that outsourced manufacturing activities under the assessee's supervision met the criteria for deduction, dismissing the Revenue's appeal. The Tribunal emphasized that the assessee retained control over the manufacturing process, distinguishing it from cases cited by the Revenue. Consequently, the Tribunal affirmed the eligibility of job work for the deduction under section 80IB. en-us Mon, 06 Jul 2020 00:00:00 +0530 Fri, 08 Nov 2024 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396546 The ITAT upheld the CIT(A)'s decision, allowing the assessee's full deduction claim under section 80IB of the Income Tax Act. The Tribunal determined that job work was an integral part of the manufacturing process, thus qualifying for the deduction. It also ruled that outsourced manufacturing activities under the assessee's supervision met the criteria for deduction, dismissing the Revenue's appeal. The Tribunal emphasized that the assessee retained control over the manufacturing process, distinguishing it from cases cited by the Revenue. Consequently, the Tribunal affirmed the eligibility of job work for the deduction under section 80IB. Case-Laws Income Tax Mon, 06 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396546