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2021 (8) TMI 569 - HC - Income TaxBenefit of deduction u/s 10-B - revenue contended that, assessee is not engaged in manufacture of any article or thing - exercise of processing and not that of manufacture undertake by assessee - process through which the quarried rough stone goes through before it becomes a polished granite slab or tile or any other article - Tribunal allowed benefit as confirmed by CIT-A - HELD THAT:- The law on subject is no longer res integra and in this regard, we refer to the decision of the Hon'ble Supreme Court in Income-Tax Officer, Udaipur v. Arihant Tiles & Marbles (P) Ltd. [2009 (12) TMI 1 - SUPREME COURT] and the decision in the case of Commissioner of Income-Tax, Chennai v. Pallava Granite Industries (I) (P) Ltd. [2013 (12) TMI 1210 - MADRAS HIGH COURT]. Both the above mentioned decisions deal with granite and marble blocks. In the case on hand, the CIT(A) had elaborately examined the process through which the quarried rough stone goes through before it becomes a polished granite slab or tile or any other article. We are of the considered view that the Tribunal was right in confirming the order passed by the CIT(A) - Decided against revenue.
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