https://www.taxtmi.com/caselaws?id=27312 The court ruled against the assessee, a private limited company, in a case concerning entitlement to a higher rate of development rebate under section 33(1)(b)(B)(i) of the Income Tax Act, 1961. The court held that the assessee's activities of embroidering and dyeing cloth purchased from others did not amount to "manufacture or production" of textiles. As a result, the assessee was not eligible for the higher development rebate at 35%, with the court deciding in favor of the Revenue on both issues presented. en-us Wed, 04 Jan 1984 00:00:00 +0530 Fri, 09 Sep 2016 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27312 The court ruled against the assessee, a private limited company, in a case concerning entitlement to a higher rate of development rebate under section 33(1)(b)(B)(i) of the Income Tax Act, 1961. The court held that the assessee's activities of embroidering and dyeing cloth purchased from others did not amount to "manufacture or production" of textiles. As a result, the assessee was not eligible for the higher development rebate at 35%, with the court deciding in favor of the Revenue on both issues presented. Case-Laws Income Tax Wed, 04 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27312