https://www.taxtmi.com/caselaws?id=34777 The ruling confirms the applicant's eligibility for deduction under sub-section (11A) of Section 80IB of the Income Tax Act, 1961, for engaging in processing, preservation, and packaging of fruits. The decision emphasizes the broad interpretation of 'processing' to include activities such as juice extraction, oil processing, and powder conversion, aligning with the legislative intent to promote agro-processing industries. The Commissioner's remarks further support the applicant's entitlement to the deduction, subject to fulfilling specified conditions outlined in the Act. en-us Wed, 28 Oct 2009 00:00:00 +0530 Wed, 10 Mar 2010 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34777 The ruling confirms the applicant's eligibility for deduction under sub-section (11A) of Section 80IB of the Income Tax Act, 1961, for engaging in processing, preservation, and packaging of fruits. The decision emphasizes the broad interpretation of 'processing' to include activities such as juice extraction, oil processing, and powder conversion, aligning with the legislative intent to promote agro-processing industries. The Commissioner's remarks further support the applicant's entitlement to the deduction, subject to fulfilling specified conditions outlined in the Act. Case-Laws Income Tax Wed, 28 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34777