https://www.taxtmi.com/article/detailed?id=1716 The tribunal held that generation of electrical energy constitutes manufacture or production of an article or thing, so assets installed at coal based thermal power plants qualify for statutory additional depreciation; it rejected the contention that lack of physical tangibility excludes electricity from being treated as goods and reversed the Commissioner's view disallowing the claim. en-us Thu, 10 May 2012 07:59:17 +0530 Thu, 10 May 2012 13:08:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1716 The tribunal held that generation of electrical energy constitutes manufacture or production of an article or thing, so assets installed at coal based thermal power plants qualify for statutory additional depreciation; it rejected the contention that lack of physical tangibility excludes electricity from being treated as goods and reversed the Commissioner's view disallowing the claim. Articles Income Tax Thu, 10 May 2012 07:59:17 +0530 https://www.taxtmi.com/article/detailed?id=1716