2011 (4) TMI 507 - HC - Income Tax

Question of law - Unit as a manufacturer - Deduction u/s 80IB - The matter is covered against the revenue by earlier order of this Court in CIT v. Sh. Deepak Mittal (2010 -TMI - 204908 - PUNJAB AND HARYANA HIGH COURT) and (2010 -TMI - 76987 - Punjab and Haryana High Court)- Accordingly this appeal is dismissed

Summary

The Punjab and Haryana High Court dismissed the revenue's appeal under Section 260-A of the Income Tax Act, 1961 for the assessment year 2006-07. The appeal was based on substantial questions of law regarding the treatment of the assessee's Baddi (H.P.) Unit as a manufacturer. The court found that the matter was already decided against the revenue in a previous order dated 15.12.2010. Consequently, the appeal was dismissed.