https://www.taxtmi.com/caselaws?id=462743 ITAT Delhi dismissed revenue's appeal regarding Section 80IC deduction eligibility for job work charges. The AO initially denied deduction claiming it applied only to articles manufactured by the assessee in its specified unit, not job work charges. However, ITAT held that job work creating distinct new products from raw materials constitutes manufacturing activity eligible for Section 80IC deduction. The tribunal relied on precedent from Zeon Lifesciences Ltd. and noted AO had previously allowed similar deductions in assessee's earlier assessment years. ITAT directed AO to re-compute Section 80IC deduction including job work charges from eligible unit. en-us Thu, 12 Apr 2018 00:00:00 +0530 Fri, 11 Jul 2025 15:17:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462743 ITAT Delhi dismissed revenue's appeal regarding Section 80IC deduction eligibility for job work charges. The AO initially denied deduction claiming it applied only to articles manufactured by the assessee in its specified unit, not job work charges. However, ITAT held that job work creating distinct new products from raw materials constitutes manufacturing activity eligible for Section 80IC deduction. The tribunal relied on precedent from Zeon Lifesciences Ltd. and noted AO had previously allowed similar deductions in assessee's earlier assessment years. ITAT directed AO to re-compute Section 80IC deduction including job work charges from eligible unit. Case-Laws Income Tax Thu, 12 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462743