2002 (3) TMI 2 - SCH - Income Tax

Activity of making powder from the chicory roots - there are only two processes in making the powder from chicory roots (i) roots are roasted and (ii) after that they are powdered - assessee-firm as an industrial undertaking is not eligible for deduction under sections 80HH 80-I 80J

Summary

The Supreme Court dismissed the civil appeal regarding the eligibility of an assessee-firm for deductions under sections 80HH, 80-I, 80J of the Income-tax Act, 1961. The Court found that the process carried out by the assessee did not meet the required criteria based on the limited information provided about making powder from chicory roots. The appeal was dismissed with costs.