When the assessee carries out jobwork as a sub-contract to make article marketable, it is entitled to claim Sec 80HH benefits

M/s Sundaram Fasteners Ltd. Vs CIT (Madras High Court)- As far as placing reliance on the decision of the Apex Court  in the case of Pandian Chemicals Ltd. Vs. Commissioner of Income Tax) reported in [2003] 262 ITR 278 is concerned, we do not find, the said decision, in any manner, goes against the case of the assessee.  The Unit at Krishnapuram is stated to be the only unit having  hot forging machine.  It is stated that the assessee, based at Krishnapuram, received bolts and nuts from Padi, manufactured using cold forging.  The Krishnapu

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