2012 (9) TMI 802 - SCH - Income Tax

Apex Court upheld the view taken by Tribunal (2007 (2) TMI 267 - ITAT MADRAS-C) and sustained by High Court(2007 (10) TMI 521 - MADRAS HIGH COURT) that that blending and bottling of IMFL would amount to manufacture for the purpose of claiming deduction under Section 80IB - Civil appeal dismissed - Decided against Revenue

Summary

The Supreme Court in the case with citation 2012 (9) TMI 802 - SC, heard both sides, condoned delay, granted leave, found no infirmity in the impugned judgment, dismissed the civil appeal, and made no order as to costs.