1984 (6) TMI 79

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... under section 80J of the Income-tax Act, 1961. 2. The appellant is owning dredgers with the help of which sand is removed from the bottom of sea and sold thereafter. The dredgers, sometimes, are also leased to others. A claim was made before the ITO under section 80J which was rejected by the authority on the reason that there is no manufacturing process carried out by the appellant and that, it .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e other was a case of manufacturing iron rods and bars out of ingots manufactured from the scraps. When a thing is manufactured, there must be another thing from which the product is made, which is normally called raw material but in the present case, sand is not manufactured by the appellant out of something else. The sand is mixed up with other materials such as boulders, etc., and in order to r .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X