https://www.taxtmi.com/caselaws?id=31137 SC held that ship-breaking constituted an industrial undertaking producing distinct articles, so deductions under Sections 80-HH and 80-I were allowable to the assessee. The court ruled the assessee was not obliged to deduct tax under Section 195(1) because, after insertion of Explanation-2 to Section 10(15)(iv)(c), the income was not assessable in India and TDS did not arise. Appeals by the assessee were allowed and the Department's appeal was dismissed. en-us Wed, 01 Oct 2008 00:00:00 +0530 Sat, 06 Sep 2025 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31137 SC held that ship-breaking constituted an industrial undertaking producing distinct articles, so deductions under Sections 80-HH and 80-I were allowable to the assessee. The court ruled the assessee was not obliged to deduct tax under Section 195(1) because, after insertion of Explanation-2 to Section 10(15)(iv)(c), the income was not assessable in India and TDS did not arise. Appeals by the assessee were allowed and the Department's appeal was dismissed. Case-Laws Income Tax Wed, 01 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31137