Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2011 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (11) TMI 130 - HC - Income TaxDeduction u/s 80-I and 80-HHC - income from dry cleaning charges - industrial undertaking engaged in manufacturing and sale of cotton hosiery goods - Held that:- The process of dry cleaning does not give rise to any new article or qualities in the product, therefore, dry cleaning cannot be treated to be a part of manufacturing process and the income derived from dry cleaning cannot be treated as profits derived from an industrial undertaking. Hence, deduction u/s 80I & 80HHC cannot be allowed. See Aspinwal and Co. Ltd. v. CIT-(2001 (9) TMI 3 - SUPREME Court) - Decided against the assessee.
|