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2013 (12) TMI 1210 - HC - Income TaxWhether polishing of rough granites amount to manufacture u/s 10B - Held that:- The definition of 'manufacture' was omitted from Section 10B of the Income Tax Act with effect from 01.04.2001 - Following M/s.Gem Granites vs. CIT [2004 (11) TMI 13 - SUPREME Court] - The polished granite is different from rough granites and that rough granites under the process as amounting to manufacture. Thus, when the resultant article no longer retained its original character, but has a different name and character - The plea of the Revenue cannot be accepted solely by the reason of the absence of definition of 'manufacture' under Section 10B of the Income Tax Act, during the relevant assessment years - Decided against Revenue.
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