https://www.taxtmi.com/caselaws?id=61911 The Tribunal ruled in favor of the assessee in most issues, allowing deductions under sections 80J, 35B, 80HH, and investment allowance. It also permitted higher depreciation on steel shuttering equipment. Disallowances of expenses were overturned, except for personal use of directors' vehicles. The Tribunal considered the assessee as an industrial undertaking engaged in manufacturing activities, qualifying for lower tax rates and various deductions. The Accountant Member dissented on sections 80J and 80HH, stating the activities did not constitute independent manufacture or production of articles. en-us Fri, 13 Dec 1991 00:00:00 +0530 Mon, 17 Jan 2011 09:57:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61911 The Tribunal ruled in favor of the assessee in most issues, allowing deductions under sections 80J, 35B, 80HH, and investment allowance. It also permitted higher depreciation on steel shuttering equipment. Disallowances of expenses were overturned, except for personal use of directors' vehicles. The Tribunal considered the assessee as an industrial undertaking engaged in manufacturing activities, qualifying for lower tax rates and various deductions. The Accountant Member dissented on sections 80J and 80HH, stating the activities did not constitute independent manufacture or production of articles. Case-Laws Income Tax Fri, 13 Dec 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61911