https://www.taxtmi.com/caselaws?id=57298 The Tribunal ruled in favor of the assessee, determining that the repair of old transformers qualifies as manufacturing for deductions under sections 80HH and 80-I of the Income Tax Act, 1961. It held that the repair work, involving similar processes and machinery to manufacturing new transformers, should be considered manufacturing. Additionally, the income derived from repair activities was deemed part of the profits and gains from the industrial undertaking, making it eligible for deductions under the mentioned sections. The Tribunal directed the Assessing Officer to allow the deductions, emphasizing the integral nature of repair activities to the industrial undertaking. en-us Wed, 28 Feb 2001 00:00:00 +0530 Thu, 09 Dec 2010 13:42:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57298 The Tribunal ruled in favor of the assessee, determining that the repair of old transformers qualifies as manufacturing for deductions under sections 80HH and 80-I of the Income Tax Act, 1961. It held that the repair work, involving similar processes and machinery to manufacturing new transformers, should be considered manufacturing. Additionally, the income derived from repair activities was deemed part of the profits and gains from the industrial undertaking, making it eligible for deductions under the mentioned sections. The Tribunal directed the Assessing Officer to allow the deductions, emphasizing the integral nature of repair activities to the industrial undertaking. Case-Laws Income Tax Wed, 28 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57298