CIT v. M/s. Faith Biotech Pvt. Ltd.

54 Taxmann.com 212High Court2015#7953 most cited

What is CIT v. M/s. Faith Biotech Pvt. Ltd. authority for?

Assembling air purifiers using simple tools and testing equipment constitutes 'manufacture' for the purpose of claiming deductions under Section 80IC of the Income-tax Act, 1961, as the final product is entirely different from its constituent parts.

14

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2018 to 2026.

Also referred to as

CIT v. Faith Biotech Pvt. Ltd · Section 80IC · manufacture · air purifier · assembling · deduction · Income-tax Act

Sections most often in play

Section 80-IA(8)/(10)Section 80-ICSection 2(29BA)
Read the full judgment

Issues it is cited on

section 2(29ba)section 32asection 80icchildsection 80isection 32section 80section 15transfercompanyindiabusiness

Judgments citing CIT v. M/s. Faith Biotech Pvt. Ltd.

M/S. Alkraft Thermotechnologies Pvt. Ltd., Chennai vs. DCIT, CC-1(1), Chennai

In the result, the appeals of the assessee for AYs 2011-12, 2012-

ITA 1950/CHNY/2025[2018-19]Status: DisposedITAT Chennai18 Feb 2026AY 2018-19

Bench: Shri Aby T. Varkey & Shri Jagadish

For Appellant: Mr.R. Vijayaraghavan, AdvFor Respondent: Ms.R. Anitha, Addl.CIT
Section 80

…आयकर अपीलीय अिधकरण, ’सी’ "यायपीठ, चे"ई। IN THE INCOME TAX APPELLATE TRIBUNAL ‘C’ BENCH: CHENNAI "ी एबी टी. वक", "ाियक सद" एवं एवं एवं एवं "ी जगदीश, लेखा सद" के सम" BEFORE SHRI ABY T. VARKEY, JUDICIAL MEMBER AND SHRI JAGADISH, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.1946 to 1948, 1949 & 1950/Chny/2025 िनधा"रणवष"/Assessment Years: 2011-12 to 2013-14, 2017-18 & 2018-19 M/s. Alkraft Thermotechnologies- v. The DCIT, Pvt. Ltd., Company Circle-1(1), 35-A and B/1, Ambattur Industrial Chennai. Estate, Ambattur, Chennai-600 058. [PAN: AAACA 9304 Q] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant by…

M/S. Alkraft Thermotechnologies Pvt. Ltd., Chennai vs. DCIT, CC-1(1), Chennai

In the result, the appeals of the assessee for AYs 2011-12, 2012-

ITA 1948/CHNY/2025[2013-14]Status: DisposedITAT Chennai18 Feb 2026AY 2013-14

Bench: Shri Aby T. Varkey & Shri Jagadish

For Appellant: Mr.R. Vijayaraghavan, AdvFor Respondent: Ms.R. Anitha, Addl.CIT
Section 80

…आयकर अपीलीय अिधकरण, ’सी’ "यायपीठ, चे"ई। IN THE INCOME TAX APPELLATE TRIBUNAL ‘C’ BENCH: CHENNAI "ी एबी टी. वक", "ाियक सद" एवं एवं एवं एवं "ी जगदीश, लेखा सद" के सम" BEFORE SHRI ABY T. VARKEY, JUDICIAL MEMBER AND SHRI JAGADISH, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.1946 to 1948, 1949 & 1950/Chny/2025 िनधा"रणवष"/Assessment Years: 2011-12 to 2013-14, 2017-18 & 2018-19 M/s. Alkraft Thermotechnologies- v. The DCIT, Pvt. Ltd., Company Circle-1(1), 35-A and B/1, Ambattur Industrial Chennai. Estate, Ambattur, Chennai-600 058. [PAN: AAACA 9304 Q] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant by…

M/S.Alkraft Thermotechnologies Pvt. Ltd., Chennai vs. DCIT, CC-1(1), Chennai

In the result, the appeals of the assessee for AYs 2011-12, 2012-

ITA 1947/CHNY/2025[2012-13]Status: DisposedITAT Chennai18 Feb 2026AY 2012-13

Bench: Shri Aby T. Varkey & Shri Jagadish

For Appellant: Mr.R. Vijayaraghavan, AdvFor Respondent: Ms.R. Anitha, Addl.CIT
Section 80

…आयकर अपीलीय अिधकरण, ’सी’ "यायपीठ, चे"ई। IN THE INCOME TAX APPELLATE TRIBUNAL ‘C’ BENCH: CHENNAI "ी एबी टी. वक", "ाियक सद" एवं एवं एवं एवं "ी जगदीश, लेखा सद" के सम" BEFORE SHRI ABY T. VARKEY, JUDICIAL MEMBER AND SHRI JAGADISH, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.1946 to 1948, 1949 & 1950/Chny/2025 िनधा"रणवष"/Assessment Years: 2011-12 to 2013-14, 2017-18 & 2018-19 M/s. Alkraft Thermotechnologies- v. The DCIT, Pvt. Ltd., Company Circle-1(1), 35-A and B/1, Ambattur Industrial Chennai. Estate, Ambattur, Chennai-600 058. [PAN: AAACA 9304 Q] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant by…

M/S. Alkraft Thermotechnologies Pvt. Ltd., Chennai vs. DCIT, CC-1(1), Chennai

In the result, the appeals of the assessee for AYs 2011-12, 2012-

ITA 1946/CHNY/2025[2011-12]Status: DisposedITAT Chennai18 Feb 2026AY 2011-12

Bench: Shri Aby T. Varkey & Shri Jagadish

For Appellant: Mr.R. Vijayaraghavan, AdvFor Respondent: Ms.R. Anitha, Addl.CIT
Section 80

…आयकर अपीलीय अिधकरण, ’सी’ "यायपीठ, चे"ई। IN THE INCOME TAX APPELLATE TRIBUNAL ‘C’ BENCH: CHENNAI "ी एबी टी. वक", "ाियक सद" एवं एवं एवं एवं "ी जगदीश, लेखा सद" के सम" BEFORE SHRI ABY T. VARKEY, JUDICIAL MEMBER AND SHRI JAGADISH, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.1946 to 1948, 1949 & 1950/Chny/2025 िनधा"रणवष"/Assessment Years: 2011-12 to 2013-14, 2017-18 & 2018-19 M/s. Alkraft Thermotechnologies- v. The DCIT, Pvt. Ltd., Company Circle-1(1), 35-A and B/1, Ambattur Industrial Chennai. Estate, Ambattur, Chennai-600 058. [PAN: AAACA 9304 Q] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant by…

ADIT Infratel Pvt. Ltd., Gurgaon vs. ITO, Ward- 1(3), New Delhi

In the result ground number 1-3 of the appeal of the revenue is dismissed

ITA 289/DEL/2019[2014-15]Status: DisposedITAT Delhi08 Feb 2022AY 2014-15

Bench: Sh. A. D. Jain, Vice-Dr. B. R. R. Kumarita No. 289/Del/2019 : Asstt. Year : 2014-15 Adit Infratel Pvt. Ltd., Vs Income Tax Officer, A-45/27, Dlf City, Phase-1, Ward-1(3), Gurgaon, Haryana-122002` New Delhi-110002 (Appellant) (Respondent) Pan No. Aabcl6812B Assessee By : Ms. Manisha Lahoti, Ca Revenue By : Sh. Sanjay Kumar, Sr. Dr Date Of Hearing: 07.12.2021 Date Of Pronouncement: 08.02.2022

For Appellant: Ms. Manisha Lahoti, CAFor Respondent: Sh. Sanjay Kumar, Sr. DR
Section 80Section 80I

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘A’, NEW DELHI Before Sh. A. D. Jain, Vice-President Dr. B. R. R. Kumar, Accountant Member ITA No. 289/Del/2019 : Asstt. Year : 2014-15 Adit Infratel Pvt. Ltd., Vs Income Tax Officer, A-45/27, DLF City, Phase-1, Ward-1(3), Gurgaon, Haryana-122002` New Delhi-110002 (APPELLANT) (RESPONDENT) PAN No. AABCL6812B Assessee by : Ms. Manisha Lahoti, CA Revenue by : Sh. Sanjay Kumar, Sr. DR Date of Hearing: 07.12.2021 Date of Pronouncement: 08.02.2022 ORDER Per Dr. B. R. R. Kumar, Accountant Member: The present appeal has been filed by the assessee against the order of…

DCIT, Ltu(Appeal)-1, Chennai vs. Turbo Energy Pvt. Ltd., Chennai

In the result, appeals of the assessee in ITA Nos

ITA 313/CHNY/2018[2014-15]Status: DisposedITAT Chennai21 Nov 2019AY 2014-15

Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman

For Respondent: Shri AR.V. Sreenivasan, JCIT
Section 10BSection 14ASection 2Section 35Section 40Section 43BSection 80I

…आयकर आयकर अपीलीय अिधकरण, ‘बी’ "ायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL, ‘B’ BENCH, CHENNAI "ी एन.आर.एस. गणेशन,"याियक सद"य एवं "ी एस जयरामन, लेखा सद" के सम" BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.190 to 193/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 M/s. Turbo Energy Pvt. Ltd., Vs. The DCIT, No.67, Chamiers Road, LTU (Appeals)-1, R.A.Puram, Chennai – 600 028. Chennai – 34. PAN: AAACT 2916R (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA Nos.310 to 313/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 T…

DCIT, Ltu(Appeal)-1, Chennai vs. Turbo Energy Pvt. Ltd., Chennai

In the result, appeals of the assessee in ITA Nos

ITA 312/CHNY/2018[2013-14]Status: DisposedITAT Chennai21 Nov 2019AY 2013-14

Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman

For Respondent: Shri AR.V. Sreenivasan, JCIT
Section 10BSection 14ASection 2Section 35Section 40Section 43BSection 80I

…आयकर आयकर अपीलीय अिधकरण, ‘बी’ "ायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL, ‘B’ BENCH, CHENNAI "ी एन.आर.एस. गणेशन,"याियक सद"य एवं "ी एस जयरामन, लेखा सद" के सम" BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.190 to 193/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 M/s. Turbo Energy Pvt. Ltd., Vs. The DCIT, No.67, Chamiers Road, LTU (Appeals)-1, R.A.Puram, Chennai – 600 028. Chennai – 34. PAN: AAACT 2916R (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA Nos.310 to 313/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 T…

DCIT, Ltu(Appeal)-1, Chennai vs. Turbo Energy Pvt. Ltd., Chennai

In the result, appeals of the assessee in ITA Nos

ITA 311/CHNY/2018[2012-13]Status: DisposedITAT Chennai21 Nov 2019AY 2012-13

Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman

For Respondent: Shri AR.V. Sreenivasan, JCIT
Section 10BSection 14ASection 2Section 35Section 40Section 43BSection 80I

…आयकर आयकर अपीलीय अिधकरण, ‘बी’ "ायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL, ‘B’ BENCH, CHENNAI "ी एन.आर.एस. गणेशन,"याियक सद"य एवं "ी एस जयरामन, लेखा सद" के सम" BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.190 to 193/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 M/s. Turbo Energy Pvt. Ltd., Vs. The DCIT, No.67, Chamiers Road, LTU (Appeals)-1, R.A.Puram, Chennai – 600 028. Chennai – 34. PAN: AAACT 2916R (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA Nos.310 to 313/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 T…

DCIT, Ltu(Appeal)-1, Chennai vs. Turbo Energy Pvt. Ltd., Chennai

In the result, appeals of the assessee in ITA Nos

ITA 310/CHNY/2018[2011-12]Status: DisposedITAT Chennai21 Nov 2019AY 2011-12

Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman

For Respondent: Shri AR.V. Sreenivasan, JCIT
Section 10BSection 14ASection 2Section 35Section 40Section 43BSection 80I

…आयकर आयकर अपीलीय अिधकरण, ‘बी’ "ायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL, ‘B’ BENCH, CHENNAI "ी एन.आर.एस. गणेशन,"याियक सद"य एवं "ी एस जयरामन, लेखा सद" के सम" BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.190 to 193/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 M/s. Turbo Energy Pvt. Ltd., Vs. The DCIT, No.67, Chamiers Road, LTU (Appeals)-1, R.A.Puram, Chennai – 600 028. Chennai – 34. PAN: AAACT 2916R (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA Nos.310 to 313/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 T…

Turbo Energy Pvt. Ltd., Chennai vs. DCIT, Ltu(Appeal)-1, Chennai

In the result, appeals of the assessee in ITA Nos

ITA 193/CHNY/2018[2014-15]Status: DisposedITAT Chennai21 Nov 2019AY 2014-15

Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman

For Respondent: Shri AR.V. Sreenivasan, JCIT
Section 10BSection 14ASection 2Section 35Section 40Section 43BSection 80I

…आयकर आयकर अपीलीय अिधकरण, ‘बी’ "ायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL, ‘B’ BENCH, CHENNAI "ी एन.आर.एस. गणेशन,"याियक सद"य एवं "ी एस जयरामन, लेखा सद" के सम" BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.190 to 193/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 M/s. Turbo Energy Pvt. Ltd., Vs. The DCIT, No.67, Chamiers Road, LTU (Appeals)-1, R.A.Puram, Chennai – 600 028. Chennai – 34. PAN: AAACT 2916R (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA Nos.310 to 313/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 T…

Turbo Energy Pvt. Ltd., Chennai vs. DCIT, Ltu(Appeal)-1, Chennai

In the result, appeals of the assessee in ITA Nos

ITA 192/CHNY/2018[2013-14]Status: DisposedITAT Chennai21 Nov 2019AY 2013-14

Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman

For Respondent: Shri AR.V. Sreenivasan, JCIT
Section 10BSection 14ASection 2Section 35Section 40Section 43BSection 80I

…आयकर आयकर अपीलीय अिधकरण, ‘बी’ "ायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL, ‘B’ BENCH, CHENNAI "ी एन.आर.एस. गणेशन,"याियक सद"य एवं "ी एस जयरामन, लेखा सद" के सम" BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.190 to 193/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 M/s. Turbo Energy Pvt. Ltd., Vs. The DCIT, No.67, Chamiers Road, LTU (Appeals)-1, R.A.Puram, Chennai – 600 028. Chennai – 34. PAN: AAACT 2916R (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA Nos.310 to 313/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 T…

Turbo Energy Pvt. Ltd., Chennai vs. DCIT, Ltu(Appeal)-1, Chennai

In the result, appeals of the assessee in ITA Nos

ITA 191/CHNY/2018[2012-13]Status: DisposedITAT Chennai21 Nov 2019AY 2012-13

Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman

For Respondent: Shri AR.V. Sreenivasan, JCIT
Section 10BSection 14ASection 2Section 35Section 40Section 43BSection 80I

…आयकर आयकर अपीलीय अिधकरण, ‘बी’ "ायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL, ‘B’ BENCH, CHENNAI "ी एन.आर.एस. गणेशन,"याियक सद"य एवं "ी एस जयरामन, लेखा सद" के सम" BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.190 to 193/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 M/s. Turbo Energy Pvt. Ltd., Vs. The DCIT, No.67, Chamiers Road, LTU (Appeals)-1, R.A.Puram, Chennai – 600 028. Chennai – 34. PAN: AAACT 2916R (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA Nos.310 to 313/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 T…

Turbo Energy Pvt. Ltd., Chennai vs. DCIT, Ltu(Appeal)-1, Chennai

In the result, appeals of the assessee in ITA Nos

ITA 190/CHNY/2018[2011-12]Status: DisposedITAT Chennai21 Nov 2019AY 2011-12

Bench: Shri N.R.S. Ganesan & Shri S. Jayaraman

For Respondent: Shri AR.V. Sreenivasan, JCIT
Section 10BSection 14ASection 2Section 35Section 40Section 43BSection 80I

…आयकर आयकर अपीलीय अिधकरण, ‘बी’ "ायपीठ, चे"ई IN THE INCOME TAX APPELLATE TRIBUNAL, ‘B’ BENCH, CHENNAI "ी एन.आर.एस. गणेशन,"याियक सद"य एवं "ी एस जयरामन, लेखा सद" के सम" BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI S. JAYARAMAN, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.190 to 193/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 M/s. Turbo Energy Pvt. Ltd., Vs. The DCIT, No.67, Chamiers Road, LTU (Appeals)-1, R.A.Puram, Chennai – 600 028. Chennai – 34. PAN: AAACT 2916R (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकर अपील सं./ITA Nos.310 to 313/Chny/2018 "नधा"रण वष" /Assessment Years: 2011-12 to 2014-15 T…

DCIT, New Delhi vs. M/S. ADIT Infratel Pvt. Ltd., Gurgaon

In the result appeal of the revenue is dismissed

ITA 735/DEL/2016[2012-13]Status: DisposedITAT Delhi22 Nov 2018AY 2012-13

Bench: Shri Amit Shukla & Shri Prashant Maharishidcit, Vs. Adit Infratel Pvt Ltd, Circle-1(2), A-45/27, Dlf City, New Delhi Phase-1, Gurgaon Pan: Aabcl6812B (Appellant) (Respondent)

For Appellant: Shri Sanjay Nath, CAFor Respondent: Shri Surender Pal, Sr. DR
Section 80Section 80I

…INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “F ”: NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER DCIT, Vs. Adit Infratel Pvt Ltd, Circle-1(2), A-45/27, DLF City, New Delhi Phase-1, Gurgaon PAN: AABCL6812B (Appellant) (Respondent) Revenue by : Shri Surender Pal, Sr. DR Assessee by: Shri Sanjay Nath, CA Date of Hearing 29/08/2018 Date of pronouncement 22/11/2018 O R D E R PER PRASHANT MAHARISHI, A. M. 1. This is an appeal filed by the revenue against the order of the ld CIT(A)-I, New Delhi dated 02.11.2015 for the Assessment Year 2012-13. 2. The revenue has raised…

CIT v. M/s. Faith Biotech Pvt. Ltd. (54 Taxmann.com 212) — Cited in 14 Judgments | BharatTax