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Issues: Whether the assessee's machinery was entitled to extra shift allowance or higher depreciation under Rule 5 of the Income-tax Rules, 1962, and whether the machinery coming into contact with molasses, cane juice and similar substances could be treated as coming into contact with corrosive chemicals.
Outcome: The matter was remanded to the Tribunal to take additional evidence, reconsider the entitlement to depreciation and extra shift allowance, and submit a supplemental statement of case for further hearing.