1985 (4) TMI 137 - AT - Income Tax

Summary

The appeal by the Revenue related to the asst. yr. 1979-80. An adjournment was not granted as the application for rectification was still pending before the CIT(A). The Revenue's contention that the assessee was not engaged in manufacturing was dismissed, as ginning was considered a manufacturing operation. The CIT(A) directed the ITO to allow various claims under ss. 80HH, 80J, and investment allowance. The appeal was treated as dismissed with the directions provided.