2003 (3) TMI 41 - DELHI HIGH COURT - Income Tax

Head Note / Extract:
Deduction u/s 80-I - issue involved in the appeals is as to whether the assessee, engaged in the business of printing of lottery tickets, can be said to be an industrial undertaking engaged in the manufacture or production of articles or things and, therefore, entitled to deduction under section 80-I - When there is no change in the business of the assessee, relief under section 80-I of the Act can be denied to them in respect of some of the assessment years when similar relief is granted for previous and subsequent years. Having accepted at least in three assessment years that the assessee's business activity fell within the ambit of section 80-I of the Act, the Revenue cannot be allowed to now turn around and contend that deduction under the said section is not available to them in respect of the present AYs - without going into the merits of the issue raised, we decline to entertain the appeals on this short ground.