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2014 (2) TMI 33 - HC - Income TaxWhether the appellant is a manufacture within the meaning of section 10B - Held that:- The assessee was mainly exporting snacks items which were manufactured by the suppliers of the assessee - No manufacturing activity was done by the assessee till the stage of preparation of such items - If some follow up action is taken for packing and storing, the same would not partake the character of activity amounting to manufacturing or producing an article or thing - For any food preparation, raw material itself is of great importance - In snack items under consideration, dough, oil, etc. would play a major role in deciding its quality and taste - The assessee did not involve itself even in procuring such basic material - Decided against assessee.
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