https://www.taxtmi.com/caselaws?id=261017 The ITAT upheld the decision to disallow the additional depreciation claimed by the assessee for the assessment year 2008-09. It determined that the piling works undertaken by the assessee did not constitute the business of manufacturing or production of an article or thing, as the production of prefabricated piles was considered part of the construction activity. The ITAT concluded that the assessee's use of prefabricated piles in its own piling business did not qualify as manufacturing, akin to concrete slab production in civil construction. Consequently, the appeal was dismissed, denying the additional depreciation for the relevant assessment year. en-us Wed, 25 Mar 2015 00:00:00 +0530 Tue, 30 Jun 2015 09:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261017 The ITAT upheld the decision to disallow the additional depreciation claimed by the assessee for the assessment year 2008-09. It determined that the piling works undertaken by the assessee did not constitute the business of manufacturing or production of an article or thing, as the production of prefabricated piles was considered part of the construction activity. The ITAT concluded that the assessee's use of prefabricated piles in its own piling business did not qualify as manufacturing, akin to concrete slab production in civil construction. Consequently, the appeal was dismissed, denying the additional depreciation for the relevant assessment year. Case-Laws Income Tax Wed, 25 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261017