https://www.taxtmi.com/caselaws?id=55768 The Tribunal upheld the Commissioner of Income Tax (Appeals)' decisions in the case, determining that the assessee qualified as an "Industrial Company" eligible for a concessional tax rate. Additionally, the disallowance of service charges under Section 80VV for the assessment year 1981-82 was overturned, with the charges being allowed in full. The Tribunal found that the activities of the assessee involved manufacturing or processing, supporting their eligibility for the concessional tax rate, and clarified that the service charges were not covered under the restrictive provisions of Section 80VV. en-us Mon, 30 May 1988 00:00:00 +0530 Mon, 29 Nov 2010 18:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55768 The Tribunal upheld the Commissioner of Income Tax (Appeals)' decisions in the case, determining that the assessee qualified as an "Industrial Company" eligible for a concessional tax rate. Additionally, the disallowance of service charges under Section 80VV for the assessment year 1981-82 was overturned, with the charges being allowed in full. The Tribunal found that the activities of the assessee involved manufacturing or processing, supporting their eligibility for the concessional tax rate, and clarified that the service charges were not covered under the restrictive provisions of Section 80VV. Case-Laws Income Tax Mon, 30 May 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55768