2001 (10) TMI 43 - HC - Income Tax

Summary

This is an appeal under section 260A of the Income-tax Act, 1961 regarding the assessment years 1981-82 and 1985-86. The dispute was about manufacturing or processing in the conversion of carcass into meat. The CIT(A) allowed the claim for investment allowance, but the Tribunal reversed this decision, stating that no processing activity was proven. The High Court directed the Tribunal to re-hear the case due to lack of reasons given in the order.