https://www.taxtmi.com/caselaws?id=269073 The Tribunal dismissed the Department's appeal, affirming the CIT(A)'s decision to quash the AO's rectification order. The judgment emphasized a broad interpretation of "manufacture" and "production" under the Income Tax Act, supporting the assessee's claim for depreciation benefits related to embroidery work. The decision was influenced by previous case law and rulings endorsing a liberal view of what constitutes manufacturing or production activities under the Act. en-us Thu, 01 Oct 2015 00:00:00 +0530 Tue, 17 Nov 2015 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269073 The Tribunal dismissed the Department's appeal, affirming the CIT(A)'s decision to quash the AO's rectification order. The judgment emphasized a broad interpretation of "manufacture" and "production" under the Income Tax Act, supporting the assessee's claim for depreciation benefits related to embroidery work. The decision was influenced by previous case law and rulings endorsing a liberal view of what constitutes manufacturing or production activities under the Act. Case-Laws Income Tax Thu, 01 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269073