https://www.taxtmi.com/caselaws?id=58824 The Appellate Tribunal held that the assessee was not engaged in the processing of goods as defined under the 'industrial company' criteria. Repairing motor cars did not transform the goods into commercially different articles, leading to the decision that the activities did not qualify for lower tax rates. The Tribunal overturned the Commissioner (Appeals) decision and upheld the Income Tax Officer's assessment, emphasizing that the repairing activities did not meet the threshold for classification as an industrial company. en-us Sat, 26 Feb 1983 00:00:00 +0530 Wed, 22 Dec 2010 13:22:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58824 The Appellate Tribunal held that the assessee was not engaged in the processing of goods as defined under the 'industrial company' criteria. Repairing motor cars did not transform the goods into commercially different articles, leading to the decision that the activities did not qualify for lower tax rates. The Tribunal overturned the Commissioner (Appeals) decision and upheld the Income Tax Officer's assessment, emphasizing that the repairing activities did not meet the threshold for classification as an industrial company. Case-Laws Income Tax Sat, 26 Feb 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58824