Assistant Commissioner Of Income Tax vs Trilok Shipbreaking Ltd.

Authority: ITAT Tribunal/Court: Mumbai Date: 1997-06-20 AY: 1977-78, 1978-79 Section: 154, 206C, 246 Acts: Income Tax Act 1961, Bombay Sales Tax Act 1959 Result: Assessee Citation: (1998) 61 TTJ (Mumbai) 80 : 66 ITD 114 Justices: R.P. Garg, A.M. & M.A. Bakshi, J.M. Appeal No: ITA Nos. 4327 to 4329/Bom/1991; Asst. yrs. 1987-88 & 1989-90
Whether ship-breaking activity constitutes 'manufacture' or 'production' for claiming deductions under sections 80HHA and 80-I of the Income Tax Act, 1961 --- Held No. Whether additional tax under section 104 is applicable to the assessee --- Held Yes.

šŸ”’ Direct Access Blocked

For your security and to prevent unauthorized automated access, individual judgment links cannot be opened directly. Please access this content via Google Search or the TaxPundit Search Portal.

AI Deep Dive
0/5 selected

Membership Required

Unlock official PDFs for all landmark cases.

JOIN NOW āž”
Shopping Cart