1981 (7) TMI 98

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of the Tribunal in ITA No. 1506 (Bom)/1979 to the Hon'ble High Court of Judicature at Bombay: "Whether, on the facts and interest he circumstances of the case, the activity of producing cinematographic films is an "Industrial Undertaking" for the purpose of relief under s. 80J of the IT Act?" In as much in our opinion, no referable question law arises out of the aforesaid order of the Tribu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... films involved activities of manufacture or processing of films inasmuch as the films which becomes suitable for exhibition were entirely different from the raw unexposed films loaded into the camera in a studio. Hence, he directed that the assessee should be taken as an Industrial company for the purpose of s. 80J of the Act. 4. The Revenue to the Tribunal and contended that the decision of t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X