https://www.taxtmi.com/caselaws?id=37964 The court ruled against the assessee, determining that the activities of sorting and grading chillies did not constitute processing as required for qualification as an industrial company under section 2(6)(c) of the Act. The court emphasized the need for the company to mainly engage in processing goods, which was not met in this case. The Revenue's contention was upheld, and the assessee was denied the concessional tax rate, with costs awarded to the Revenue. en-us Thu, 08 Dec 1977 00:00:00 +0530 Fri, 02 Apr 2010 13:08:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37964 The court ruled against the assessee, determining that the activities of sorting and grading chillies did not constitute processing as required for qualification as an industrial company under section 2(6)(c) of the Act. The court emphasized the need for the company to mainly engage in processing goods, which was not met in this case. The Revenue's contention was upheld, and the assessee was denied the concessional tax rate, with costs awarded to the Revenue. Case-Laws Income Tax Thu, 08 Dec 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37964