1972 (10) TMI 17 - KERALA HIGH COURT

Whether, on the facts and in the circumstances of the case, the Appellate Tribunal is legally correct in holding that the activity carried on by the assessee in preparing articles of food from raw materials, constitutes 'manufacture or processing of goods' within the meaning of section 2(6)(d) of the Finance Act, 1968, and that the assessee is an 'Industrial company' within the meaning of the definition contained in that section