https://www.taxtmi.com/caselaws?id=413091 The court held that blending tea does not qualify as manufacturing under Section 10B of the Income Tax Act, denying the exemption. The judgment favored the Revenue, emphasizing the strict interpretation of tax exemption provisions and the exclusion of definitions from other statutes or policies in interpreting the Income Tax Act. The court suggested the CBDT review its circulars to address legal issues with significant implications. en-us Thu, 30 Sep 2021 00:00:00 +0530 Fri, 24 Dec 2021 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413091 The court held that blending tea does not qualify as manufacturing under Section 10B of the Income Tax Act, denying the exemption. The judgment favored the Revenue, emphasizing the strict interpretation of tax exemption provisions and the exclusion of definitions from other statutes or policies in interpreting the Income Tax Act. The court suggested the CBDT review its circulars to address legal issues with significant implications. Case-Laws Income Tax Thu, 30 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413091