https://www.taxtmi.com/caselaws?id=70800 The tribunal ruled in favor of the assessee, determining that their manufacturing activities of iron and steel goods fell under item 1 of the Ninth Schedule. The tribunal relied on precedents from various High Courts, including the Kerala High Court, to support the classification of the produced articles as 'iron and steel (metal).' Consequently, the Commissioner (Appeals) decision to allow the initial depreciation and investment allowance claim was upheld, and the revenue's appeal was dismissed. en-us Fri, 11 Jun 1982 00:00:00 +0530 Tue, 19 Apr 2011 12:49:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70800 The tribunal ruled in favor of the assessee, determining that their manufacturing activities of iron and steel goods fell under item 1 of the Ninth Schedule. The tribunal relied on precedents from various High Courts, including the Kerala High Court, to support the classification of the produced articles as 'iron and steel (metal).' Consequently, the Commissioner (Appeals) decision to allow the initial depreciation and investment allowance claim was upheld, and the revenue's appeal was dismissed. Case-Laws Income Tax Fri, 11 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70800