{"id":15955,"date":"2021-03-24T12:28:23","date_gmt":"2021-03-24T06:58:23","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-v-ramacanta-velingkar-minerals-2021-430-itr-161-277-taxman-299-bom-hc\/"},"modified":"2021-03-24T12:28:23","modified_gmt":"2021-03-24T06:58:23","slug":"cit-v-ramacanta-velingkar-minerals-2021-430-itr-161-277-taxman-299-bom-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-ramacanta-velingkar-minerals-2021-430-itr-161-277-taxman-299-bom-hc\/","title":{"rendered":"CIT v. Ramacanta Velingkar Minerals (2021) 430 ITR 161\/ 277 Taxman 299 (Bom.)(HC)"},"content":{"rendered":"<p>Dismissing the appeals of the revenue the Court held that the assessee purchased run-of-mines, which included a lot of impurities; it was crude ore, practically of no use unless it was processed and made suitable for its intended end-use. Iron ore concentrates were manufactured by the process of magnetic separation. It essentially amounted to manufacture or processing. The assessee was entitled to the benefit under section\u00a010B\u00a0of the Act. (AY. 2008-09, 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 10B : Export oriented undertakings-Manufacture-Conversion of crude ore into iron ore concentrate fines amounts to manufacture-Entitle to benefit. [S. 2(29BA)]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-15955","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-49l","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=15955"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15955\/revisions"}],"predecessor-version":[{"id":15956,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15955\/revisions\/15956"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}