Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2000 (8) TMI 6 - SC - Income Tax
Whether, on the facts and in the circumstances of the case, the Tribunal was justified in holding that business activity of the assessee is clearly in the nature of manufacturing or production and, therefore, it is entitled for relief under section 80HH - held, no
The Supreme Court dismissed the appeal regarding the eligibility of relief under section 80HH of the Income-tax Act, 1961 for a business involved in mining and selling limestone and marble blocks. The High Court found that the business did not qualify for the relief as it did not involve a manufacturing process like in a previous case. The appeal was dismissed based on the distinction in facts between the two cases.
9911796707
