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2020 (2) TMI 848 - HC - Income TaxDeduction under Section 10B - manufacturing activity or not - export of handicraft items of dried parts of plants - HELD THAT:- The issue has already been decided against the Revenue in the Appeals related to other assessment years of the same Assessee in M/S. DECO DE TREND [2013 (8) TMI 14 - MADRAS HIGH COURT] held that process which the assessee had undertaken satisfies the test of manufacture to qualify for relief under Section 10B - apart from cleaning and grading, the assessee had taken further processing; that what is purchased as raw material and what is exported as a product for export are totally different items. The process that the assessee had undertaken clearly points out the irreversible nature of the final end product from a raw material purchased - Decided against Revenue.
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