S. 10B Conversion of marble blocks into the polished slabs & tiles constitutes manufacture

HIGH COURT OF RAJASTHAN Grace Exports Versus Income-tax Officer IT Appeal No. 16 of 2010 Date of pronouncement- 29.08.2012 JUDGMENT 1. This appeal under s. 260A of the Income-tax Act, 1961 (‘the Act’) is directed against the judgment and order date 13th July, 2009 as passed by the Tribunal, Jodhpur Bench, Jodhpur in ITA No. 357/Ju/2008 for the asst. yr. 2004-05. This appeal has been admitted on the following substantial questions of law : “(1) Whether the Tribunal was justified in disallowing the benefit available to assessee under s. 10B of the Income-tax A...