https://www.taxtmi.com/caselaws?id=463421 ITAT MUMBAI - AT held that the first two grounds succeed for the assessee: the appellant's activities qualify as "manufacturing activity" and it is entitled to deduction under s. 80IC(2). On the TDS credit issue, the tribunal remitted the matter to the file of the AO for consideration in light of a pending rectification application, directing the AO to examine Form 26AS and the TDS break-up of the amalgamating entity and take necessary action. en-us Mon, 30 Dec 2024 00:00:00 +0530 Mon, 01 Sep 2025 15:08:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463421 ITAT MUMBAI - AT held that the first two grounds succeed for the assessee: the appellant's activities qualify as "manufacturing activity" and it is entitled to deduction under s. 80IC(2). On the TDS credit issue, the tribunal remitted the matter to the file of the AO for consideration in light of a pending rectification application, directing the AO to examine Form 26AS and the TDS break-up of the amalgamating entity and take necessary action. Case-Laws Income Tax Mon, 30 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463421