Assessee qualified to be a manufacturing activity eligible for deduction under section 80-IB

IT: Once it was confirmed for earlier years that activity undertaken by assessee qualified to be a manufacturing activity eligible for deduction under section 80-IB, same was to be allowed in current year also
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[2014] 52 taxmann.com 219 (Bombay)
HIGH COURT OF BOMBAY
Commissioner of Income-tax, Goa
v.
Macbrout Engineering (P.) Ltd.*
RANJIT MORE AND U.V. BAKRE, JJ.
TAX APPEAL NOS. 29 & 51 OF 2014
JULY  7, 2014
Section 80-IB of the Income-tax Act, 1961 - Deductions - Profits and gains from industrial undertakings other than infrastructure development undertakings (Manufacture) - Assessment years 2006-07 to 2009-10 - Assessee-company was engaged in manufacturing activity and claimed deduction under section 80-IB - For earlier years, it was confirmed that activity undertaken by assessee qualified to be a manufacturing activity and deduction was allowed - Whether Tribunal, applying principle of consistency in current year, was justified in allowing deduction under section 80-IB - Held, yes [Para 5][In favour of assessee]