Section 32A – Mining, cutting & polishing of granite is manufacture -SC

SUPREME COURT OF INDIA Tamil Nadu Minerals Ltd. versus Commissioner of Income-tax, Tamil Nadu CIVIL APPEAL NOs. 2997, 7472 & 7473 OF 2004 August 30, 2012 ORDER Civil Appeal No.2997 of 2004: 1. The civil appeal filed by the assessee is dismissed with no order as to costs. Civil Appeal Nos.7472-7473 of 2004: 2. These civil appeals filed by the assessee are allowed with no order as to costs. ORDER Civil Appeal No.2997 of 2004: 1. The following question of law arises for determination in this appeal: “Whether the assessee is entitled to claim deduction to the extent of p...