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2001 (8) TMI 61 - HC - Income TaxExtract: .......us, there is no manufacture or production of a new article in the retreading of a tyre. It may be a commodity in the market. The only thing is a worn out tyre becomes usable. We cannot also import the definition of manufacture in Explanation (iii) to section 10A of the Act. Hence, the questions are answered in the negative and against the assessee.
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