https://www.taxtmi.com/caselaws?id=55171 The Appellate Tribunal held in favor of the assessee, ruling that the conversion of spent caustic lye into usable caustic lye constituted manufacturing. The Tribunal emphasized that the process resulted in a new article with distinctive characteristics, meeting the legal test of manufacturing. Despite the simplicity of the process, the focus was on the end result, which transformed the material into a product suitable for mercerising. By creating a new commercially distinct article, the assessee was deemed eligible for the investment allowance, as the activity met the criteria of manufacturing as per legal precedents and the Supreme Court's decision. en-us Tue, 06 Mar 1984 00:00:00 +0530 Wed, 24 Nov 2010 12:17:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55171 The Appellate Tribunal held in favor of the assessee, ruling that the conversion of spent caustic lye into usable caustic lye constituted manufacturing. The Tribunal emphasized that the process resulted in a new article with distinctive characteristics, meeting the legal test of manufacturing. Despite the simplicity of the process, the focus was on the end result, which transformed the material into a product suitable for mercerising. By creating a new commercially distinct article, the assessee was deemed eligible for the investment allowance, as the activity met the criteria of manufacturing as per legal precedents and the Supreme Court's decision. Case-Laws Income Tax Tue, 06 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55171