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2012 (6) TMI 353 - HC - Income TaxInvestment allowance u/s 32A - job work – Held that:- In the case of J. B. Kharwar and Sons (1986 (3) TMI 34 (HC)) held that an assessee doing the job work of process of dyeing and printing grey cloth would also be entitled for the relief thereunder as it would amount to manufacture. It is immaterial whether the grey cloth which is subjected to process of dyeing and printing belongs to the assessee or anyone else. The activity which the assessee carries on is manufacturing activity irrespective of the fact whether the grey cloth belongs to it or to its customers. - Decided in favor of assessee.
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