Dismissing the appeal of the revenue the Court held that ; processing of cashew nuts in own factory and Industrial undertaking of sister concerns in backward areas is entitle to deduction.(AY. 1993-94, 1994-95 )
CIT v. R. Prakash, Dhanya Foods. (2018) 405 ITR 261/ 304 CTR 333/ 167 DTR 229 (Ker) (HC)
S. 80HH :Newly established industrial undertakings – Back ward areas –Processing of cashew nuts in own factory and Industrial undertaking of sister concerns in backward areas —Entitle to deduction .