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1999 (9) TMI 10 - KARNATAKA HIGH COURT
Extract:
.......olishing should be considered as manufacture or production of any article or thing and the assessee s business activity must be considered as an industrial undertaking for the purpose of granting reliefs under sections 32A and 80-I of the Income-tax Act, 1961. Accordingly, the reference is answered in favour of the assessee and against the Revenue.