https://www.taxtmi.com/caselaws?id=27557 The court held that the profits from the sale of import entitlements by the petitioner were directly related to the manufacture of ferro manganese, making them attributable to the production activity. The court disagreed with the tax authorities' conclusions and ruled in favor of the petitioner, directing the authorities to grant the Tax Credit Certificate for the relevant assessment years. en-us Mon, 07 Nov 1983 00:00:00 +0530 Sat, 13 Feb 2010 15:38:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27557 The court held that the profits from the sale of import entitlements by the petitioner were directly related to the manufacture of ferro manganese, making them attributable to the production activity. The court disagreed with the tax authorities' conclusions and ruled in favor of the petitioner, directing the authorities to grant the Tax Credit Certificate for the relevant assessment years. Case-Laws Income Tax Mon, 07 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27557