https://www.taxtmi.com/caselaws?id=26461 The High Court of Gujarat ruled in favor of a public limited company, allowing deductions under section 80-I of the Income-tax Act for profits from a plant producing polyvinyl chloride resin, irrespective of whether the products were sold in the market or used internally by other units of the company. The Court held that the company was entitled to the deduction for internal consumption, aligning with commercial principles and prior legal precedents. en-us Tue, 18 Mar 1986 00:00:00 +0530 Fri, 05 Feb 2010 11:48:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26461 The High Court of Gujarat ruled in favor of a public limited company, allowing deductions under section 80-I of the Income-tax Act for profits from a plant producing polyvinyl chloride resin, irrespective of whether the products were sold in the market or used internally by other units of the company. The Court held that the company was entitled to the deduction for internal consumption, aligning with commercial principles and prior legal precedents. Case-Laws Income Tax Tue, 18 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26461