https://www.taxtmi.com/caselaws?id=25249 The court ruled in favor of the bus-body building company, holding that their business activities constitute the manufacture of motor buses, making them eligible for higher development rebate and deductions under sections 80E/80-I for the assessment years in question (1967-68, 1968-69, and 1969-70). The court emphasized the legislative intent to incentivize certain industries and agreed with the Tribunal's decision that bus body builders are engaged in manufacturing motor buses, thus entitling them to the specified benefits. en-us Wed, 15 Apr 1987 00:00:00 +0530 Wed, 27 Jan 2010 15:19:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25249 The court ruled in favor of the bus-body building company, holding that their business activities constitute the manufacture of motor buses, making them eligible for higher development rebate and deductions under sections 80E/80-I for the assessment years in question (1967-68, 1968-69, and 1969-70). The court emphasized the legislative intent to incentivize certain industries and agreed with the Tribunal's decision that bus body builders are engaged in manufacturing motor buses, thus entitling them to the specified benefits. Case-Laws Income Tax Wed, 15 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25249