https://www.taxtmi.com/caselaws?id=70303 The appeals by the Revenue were dismissed, upholding the CIT(A)'s decisions. The Tribunal affirmed the allowance grants for additional depreciation, section 80-I, and investment allowance, stating the activities constituted manufacturing. It upheld the deduction under section 80HHC for processed granite, applying a circular retrospectively. The addition towards closing stock valuation was also rejected, as the consistent method was accepted in prior years. en-us Wed, 28 Feb 2001 00:00:00 +0530 Fri, 15 Apr 2011 13:50:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70303 The appeals by the Revenue were dismissed, upholding the CIT(A)'s decisions. The Tribunal affirmed the allowance grants for additional depreciation, section 80-I, and investment allowance, stating the activities constituted manufacturing. It upheld the deduction under section 80HHC for processed granite, applying a circular retrospectively. The addition towards closing stock valuation was also rejected, as the consistent method was accepted in prior years. Case-Laws Income Tax Wed, 28 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70303