https://www.taxtmi.com/caselaws?id=33190 The High Court dismissed the appeal, affirming that the assessee's activities of manufacturing transformer cores from CRGO/CRNO coils qualified for deduction under Section 80IB of the Income Tax Act, 1961. The Tribunal's majority decision, supported by expert opinions, was upheld despite one dissenting member. The Court emphasized the importance of considering technical opinions on their merits and upheld the Tribunal's thorough assessment of the manufacturing processes involved. en-us Mon, 30 Mar 2009 00:00:00 +0530 Wed, 26 Dec 2012 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33190 The High Court dismissed the appeal, affirming that the assessee's activities of manufacturing transformer cores from CRGO/CRNO coils qualified for deduction under Section 80IB of the Income Tax Act, 1961. The Tribunal's majority decision, supported by expert opinions, was upheld despite one dissenting member. The Court emphasized the importance of considering technical opinions on their merits and upheld the Tribunal's thorough assessment of the manufacturing processes involved. Case-Laws Income Tax Mon, 30 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33190