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2013 (9) TMI 1139 - AT - Income TaxEntitled to deduction U/s. 10B - Held that:- It is not disputed that the Assessee in the present case before us is also engaged in processing the tailings and converting them into iron ore so that it may be exported. Assessee is engaged in manufacturing. Since the exemption u/s 10B was denied to the Assessee merely holding that the Assessee is not engaged in manufacturing, we, therefore, set aside the order of CIT(A) and allow the exemption to the Assessee u/s 10B by holding that the Assessee is engaged in manufacturing. - Decided in favour of assessee
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