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Dehusking of Paddy to obtain Rice is ‘Manufacture’ for sec 80IA/IB deduction
Case Law Details
- Case Name
- CIT Vs M/s. Muthuramalingam Modern Rice Mill (Madras High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 1999-2000, 2000-2001, 2001-2002, 2002-2003 and 2003-2004
- Courts
- All High Courts, Madras High Court
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CIT Vs M/s. Muthuramalingam Modern Rice Mill (Madras High Court)
Conclusion: Conversion of Paddy into Rice by the process of de-husking would amount to “maufacture” as not only the form underwent a change but also the value addition happened by such process as a different commercial article came into being and therefore, assessee was entitled to deduction under Section 80 IA/IB during the relevant assessment years.
Held: Department held that the process of dehusking of Paddy for obtaining Rice did not amount to ‘Manufacture’ and therefore, asseseee was not entitled to t...
