Facts of the Case
- Assessee's
Business: The Assessee is engaged in running a
100% Export Oriented Unit (EOU) at Dhoka, Gurgaon, dealing in the business
of processing stone, marble, granite, etc., and exporting them globally.
- Return
of Income: The Assessee filed its return of income
on 01.11.2004, declaring 'Nil' income for the Assessment Year in question.
The assessment was framed under Section 143(3) of the Income-Tax Act,
1961.
- Deduction
Claimed: The Assessee claimed a deduction under
Section 10B of the Act.
- Assessing
Officer's View: The Assessing Officer
(A.O.) disallowed the deduction via an order dated 01.12.2006, holding
that the Assessee was neither engaged in exporting "computer
software" nor engaged in the "manufacture or produce of article
or thing," which are necessary ingredients to qualify for Section
10B.
- ITAT
Appeal: The Income Tax Appellate Tribunal
(ITAT) set aside the A.O.'s order, holding that the Assessee’s activities
amounted to the manufacture or production of an article or thing, thereby
satisfying Section 10B. The Revenue preferred an appeal before the High
Court under Section 260A.
Issues Involved
- Whether
the processing, cutting, and polishing of raw blocks of stone, marble, and
granite to convert them into finished marketable products amounts to
"manufacture or production of an article or thing" under Section
10B of the Income-Tax Act, 1961.
- Whether
Explanation 4 to Section 10B (introduced by the Finance Act, 2003)
restricts the definition of "manufacture or produce" exclusively
to the cutting and polishing of precious and semi-precious stones, thereby
excluding other materials like stone, marble, and granite.
Petitioner’s (Revenue's) Arguments
- The
Revenue argued that the Assessee's activities did not amount to the
"manufacture or produce of article or thing" under Section 10B.
- The
Revenue's counsel heavily relied on Explanation 4 to Section 10B
(inserted via Finance Act, 2003 w.e.f. 01.04.2004), which states: "For
the purpose of this section, 'manufacture or produce' shall include the
cutting and polishing of precious and semi-precious stones."
- Backed
by the Memorandum Explaining Provisions in the Finance Bill, 2003, the
Revenue contended that fiscal support was specifically intended for
precious and semi-precious stones. Therefore, the benefit under Section
10B was limited to those specific items and could not be extended to
ordinary stone, marble, or granite.
Respondent’s (Assessee's) Arguments
- The
Assessee contended that raw stone blocks undergo extensive chemical,
mechanical, and manual treatments, changing their original identity
completely before becoming marketable slabs, molded pieces, and tiles.
- The
Assessee relied on the consistent view taken by various High Courts and
the Supreme Court, highlighting that the term "production" has a
wider connotation than "manufacture."
- They
placed reliance on the coordinate bench ruling of the Delhi High Court in Commissioner
of Income Tax v. Sophisticated Marbles & Granite Industries (ITA
No. 519/2009), which dealt with identical business activities.
Court Order / Findings
- Nature
of the Activity: The High Court observed
that raw stone blocks undergo multiple precise processing stages: cutting
via machines, applying full-size fiber on one side for structural support,
filling cracks/holes with chemical formulations, machine polishing with
oxide agents, and final sizing/shaping into tiles or molded pieces. This
alters the initial raw form into a distinct marketable commodity, fully
satisfying the legal definition of a "manufacturing process."
- Precedents
Honored: The Court followed its previous ruling
in CIT v. Sophisticated Marbles & Granite Industries and noted
with approval the Rajasthan High Court decision in Arihant Tiles and
Marbles Pvt. Ltd. Vs. Income Tax Officer (295 ITR 148) and the Bombay
High Court ruling in CIT Vs. Fateh Granite (P) Ltd. (314 ITR 32).
- Scope
of "Production": Citing the Supreme
Court judgment in CIT Vs. Sesa Goa Ltd. (MANU/SC/1123/2004), the
Court reaffirmed that the term "production" possesses a wider
meaning than "manufacture." Since the expressions are utilized
similarly in Section 80-IB and Section 10B, the wider interpretation
applies to Section 10B for 100% EOUs.
- Dismissal
of Revenue's Appeal: The Court concluded that no
substantial question of law arose and dismissed the Revenue's appeal.
Important Clarification
- Interpretation
of Explanation 4: The Court categorically
rejected the Revenue's restrictive reading of Explanation 4 to Section
10B. It clarified that Explanation 4 explicitly uses the term "shall
include", meaning it is an inclusive explanation, not an
exhaustive or exclusive one.
- It
was added merely to explicitly extend fiscal support to the precious and
semi-precious stone export sector, but by no stretch of imagination does
it limit or restrict general manufacturing activities from claiming
deduction under Section 10B based on settled general legal principles.
Section Involved
- Section
10B of the Income-Tax Act, 1961 (Deduction for
100% Export Oriented Undertakings).
- Section
143(3) of the Income-Tax Act, 1961 (Scrutiny
Assessment).
- Section 260A of the Income-Tax Act, 1961 (Appeal to the High Court).
Link to download the order –
https://delhihighcourt.nic.in/app/case_number_pdf/2009:DHC:13334-DB/AKS03092009ITA6042009_112849.pdf
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