Process of drawing of wire from wire rods amounts to manufacture of thing or article within meaning of section 80-IC of the IT Act, 1961

CASE LAWS DETAILS DECIDED BY: ITAT, CHANDIGARH BENCH `B’ IN THE CASE OF: J. B. Conductors & Cables Vs ITO, APPEAL NO: ITA No. 215/Chandi/2009, DECIDED ON November 30, 2009 RELEVANT PARAGRAPH . The controversy squarely involves interpretation and, construction of the words “manufacture” and, “production” . The word `manufacture’ was not defined under the Act, uptill the insertion of section 2(29BA) by the Finance (No. 2) Act, 2009, w.r.e.f. 1-4-2009, which reads as under:- ” 29BA – `manufacture’ , with its grammatical variations, means a ch...