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TMI Blog2004 (12) TMI 696X X X X Extracts X X X X X X X X Extracts X X X X ..... fter referred to as the Act) for opinion to this Court : Whether, on the facts and in the circumstances of the case, the assessee s case fell under the definition of Small Scale Industrial Unit as mentioned in the Explanation to section 35B(1A) of the Income-tax Act, 1961? 2. The assessment year involved is 1979-80. The assessee, a registered firm, deals in business of export of brassw ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y of others and then to export them. The Tribunal found that the assessee purchased raw material in moulded forms described as Kora Mal , i.e., prepared matter in a raw and unfinished condition but not the final product. The Kora Mal was soldered in the assessee s factory and engraved and polished there. The assessee paid the wages which is borne out from the fact that the assessee maintained t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lar (P.) Ltd. [IT Appeal Nos. 2400 and 2401 (Delhi) of 1981, dated 9-11-1982]. A copy of the said judgment has been filed as Annexure D. A perusal of the said order of the Tribunal shows that in that case, the Tribunal was considering the deduction under sections 80J and 80HH of the Act with reference to an Industrial Company . The said order of the Tribunal is not applicable so far as the inte ..... X X X X Extracts X X X X X X X X Extracts X X X X
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