1983 (8) TMI 167 - AT - Income Tax

Summary

The ITAT Nagpur allowed the appeals of a private limited company engaged in the construction of concrete piles, treating it as an industrial company eligible for tax deduction under section 80J. The company's business was considered a manufacturing process, distinguishing it from a construction company, as per the Bombay High Court's decision in CIT vs. Pressure Piling Co. of India.