https://www.taxtmi.com/caselaws?id=28394 The High Court ruled in favor of the assessee, holding that the blending of tea constituted "processing of goods," qualifying the assessee as an "industrial company" under the Finance Act, 1978. The Court emphasized that changes in the characteristics of the commodity, regardless of the method (manual or mechanical) used, were crucial in determining "processing." The decision overturned the Tribunal's ruling and directed the parties to bear their own costs. en-us Tue, 03 Aug 1982 00:00:00 +0530 Mon, 22 Feb 2010 12:09:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28394 The High Court ruled in favor of the assessee, holding that the blending of tea constituted "processing of goods," qualifying the assessee as an "industrial company" under the Finance Act, 1978. The Court emphasized that changes in the characteristics of the commodity, regardless of the method (manual or mechanical) used, were crucial in determining "processing." The decision overturned the Tribunal's ruling and directed the parties to bear their own costs. Case-Laws Income Tax Tue, 03 Aug 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28394